US EditionTrump says he has no plan to fire Fed's Powell despite investigation
Trump warned Republicans to win 2026 midterms to avoid impeachment and criticized Fed Chair Powell amid DOJ probe, despite no plans to remove him, with Democrats leading in polls by 4.3%.
- With Powell’s term ending on May 15, President Donald Trump hopes to name a new Fed chair in the next few weeks.
- The Department of Justice this week revealed an investigation into Fed renovations, with subpoenas tied to Federal Reserve Chair Jerome Powell’s testimony sent by U.S. attorney for the District of Columbia Jeanine Pirro.
- Federal Reserve Chair Jerome Powell could remain on the Board through Jan. 31, 2028, holding a governor term that would limit President Donald Trump to three appointees and deny White House majority control.
- With committee skepticism growing, confirmations may be slowed or stalled, as Sen. Thom Tillis, North Carolina Republican, and at least two Republican senators on the banking panel express doubts over Powell’s testimony.
- Former Fed officials warned the succession fight threatens institutional independence, while Former Federal Reserve Chair Janet Yellen called the DOJ probe “extremely chilling” and Kalshi traders assign a 44% probability to Powell’s removal.
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75 Articles
Will Trump win the important interim elections in the United States? He says that "there should be no interim elections in November at all."
Associated Press News
Criminal investigation raises key question: Whether Chair Powell leaves Fed in May
The Justice Department’s investigation into Federal Reserve Chair Jerome Powell has brought heightened attention to a key drama that will play out at the central bank in the coming months: Will Powell leave the Fed when his term as chair ends, or will he take the unusual step of remaining a governor
Trump Fears Midterm Defeat While Insisting US 'Shouldn't Even Have An Election' In 2026 Voting Cycle
In a political landscape defined by its unpredictability, President Donald Trump has offered a striking new theory regarding the upcoming democratic process. Rather than focusing solely on campaign strategies, the President suggested that his administration's track record is substantial enough to bypass the 2026 ballot entirely. This bold assertion comes even as he acknowledges the difficult battle his party faces later this year.Trump Claims Ac…
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