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Trump Intensifies Push to Oust Fed Chair Powell Over Rate Disputes

  • Trump has intensified his attacks on Fed Chair Jerome Powell following Powell's speech at the Economic Club of Chicago on Wednesday.
  • Trump has introduced numerous tariffs that have impacted the U.S. Economy and the Federal Reserve.
  • Powell stated that the Fed's decisions will be based solely on what is best for all Americans.
  • The possibility of using executive power to remove Powell has been raised, which experts say is prohibited.
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Trump's attacks on Powell threaten the Fed's independence. Here's why it matters

Donald Trump has stepped up his attacks on Federal Reserve Chair Jerome Powell at the same time that the Supreme Court is considering a case that could make it easier for the president to fire him.

·United States
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  • 51% of the sources are Center
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Forbes broke the news in United States on Thursday, April 17, 2025.
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