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Donald Trump Says He's 'Not Happy' With Fed Chief Jerome Powell, Suggests Sacking
Posted
April 18, 2025
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April 18, 2025
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3:52Now PlayingUS President Donald Trump indicated that the he may boot our Federal Reserve chairman Jerome Powell as he's not happy over interest rates. During an Oval Office meeting with the Italian Prime Minister on Thursday, Trump continued his war of words against Powell. "He'll leave if I ask him to, he'll be out of there," Trump told reporters. "I'm not happy with him. I let him know it and if I want him out, he'll be out of there real fast, believe me."
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Trump's comments followed a posting on his social media site in which the Republican president called on Mr. Powell to lower the Fed's short-term interest rate and said, "Powell’s termination cannot come fast enough!” The Fed chair's term ends in May 2026.
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