🚨 BREAKING NEWS 🇺🇸
🔥 President Donald Trump Says He May Still Fire Federal Reserve Chair Jerome Powell! 🔥
In a stunning escalation of his long-running feud with the U.S. central bank, President Donald J. Trump hinted Monday night that he may yet fire Federal Reserve Chair Jerome Powell, even as he prepares to announce a successor — sending shockwaves through markets and Washington. �
Fortune +1
📍 Speaking at his Mar-a-Lago resort in Florida alongside Israeli Prime Minister Benjamin Netanyahu, Trump didn’t hold back:
🔥 “I would love to fire him — maybe I still might.” �
Fortune
That remark signals a dramatic twist in a story that has kept Wall Street and policymakers on edge. Trump has repeatedly criticized Powell — the man he first appointed to lead the Federal Reserve — accusing him of being slow to cut interest rates and “grossly incompetent.” �
Business Insider +1
📌 What Trump Is Saying Now
Trump said Powell should resign and that firing him remains on the table. �
Fortune
He blasted Powell over the Fed’s costly headquarters renovation, saying it could reach over $4 billion and signaling possible legal action for “gross incompetence.” �
benzinga.com
Trump teased that a new Fed Chair announcement could come in January — well before Powell’s term as chair expires in May 2026. �
Fortune
💥 Why This Matters
Powell leads the independent central bank responsible for U.S. monetary policy — a role traditionally shielded from political interference. Trump’s threats challenge that independence and could roil financial markets if he follows through. �
Outlook India
Economists warn that attempting to remove a sitting Fed chair could undermine confidence in the U.S. dollar, disrupt markets, and spark legal battles over executive authority. �
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