‘I’ll have to fire him’: Trump threatens action if Fed chair Powell stays on beyond term
Mint·4h ago·Anger
What Happened
US President Donald Trump threatened to fire Federal Reserve Chair Jerome Powell if he remains in office beyond his May 15 term expiration. Powell has indicated he will stay until a successor is confirmed. Trump nominated Kevin Warsh to replace Powell, but Senator Thom Tillis is blocking the nomination, citing an ongoing Justice Department investigation into the Fed's $2.5 billion headquarters renovation project.
Key Entities
Donald TrumpJerome PowellFederal ReserveKevin WarshThom TillisUS Department of Justice