Trump: Will dismiss Powell if he remains in office after his term expires.
TechFlame
2026-04-15 12:48
TechFlame2026-04-15 12:48
English
TechFlame News, according to Jinshi, U.S. President Trump stated that if Federal Reserve Chairman Powell remains in office after his term expires, he will dismiss him. Powell's term as chairman ends on May 15. Trump said, "If he doesn't leave, then I will have to fire him." Currently, Trump's nominee for the successor, Warsh, has not yet been confirmed by the Senate, and Powell may continue to serve as "acting chairman." Trump also criticized Powell for not cutting interest rates as he wished and questioned the cost of the Federal Reserve headquarters renovation project.