President Donald Trump said he will fire Federal Reserve Chair Jerome Powell if he does not step aside when his term at the helm of the central bank expires next month. “Then I’ll have to fire him,” ...
WASHINGTON, DC – MARCH 19: Jerome Powell, chairman of the US Federal Reserve, during the Federal Reserve Board open meeting ion March 19, 2026 in Washington, DC. (Photo by Al Drago/Getty Images) ...
Jerome Powell has been clear that the Fed’s decision on the base rate is independent of political feeling. But Wilbur Ross, President Trump’s former commerce secretary, told Fortune that the president ...