Back to Trump threatens to fire Fed Chair Powell after rates stay unchanged
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Powell was originally appointed as Fed Chair by Trump during his first presidency.
Explanation
Trump appointed Powell in 2017, now attacks him publicly. Waller, also a Trump appointee, is positioning for Fed Chair by advocating rate cuts Trump wants. Current officials position themselves for pr...
Sources
- Trump calls for Fed Chair Jerome Powell's 'termination' in blistering attack
- Donald Trump Eyes Scott Bessent to Replace Jerome Powell as FED Chair in 2026
- Leading contenders to replace Jerome Powell as Fed chair
- Fed's Waller, a candidate for chair, sees potential for half-point cut if labor market weakens further
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