Trump says he has ‘no intention’ of firing Fed Chair Powell
Published Tue, Apr 22 20255:32 PM EDTUpdated 54 Min Ago
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Kevin Breuninger
President Donald Trump said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank expires next year.
Trump has recently ramped up his rhetoric against Powell and declined to rule out the possibility of taking the unprecedented step of firing him.
U.S. stock futures rose sharply across major indexes following Trump’s latest remarks.
President Donald Trump on Tuesday said he has “no intention” of firing Federal Reserve Chair Jerome Powell before his term leading the U.S. central bank ends next year.
“None whatsoever,” Trump said in the Oval Office when asked to clarify that he did not seek Powell’s removal. “Never did.”
The comment represents a dramatic shift for Trump, who has recently ramped up his rhetoric against Powell and declined to rule out the possibility of taking the unprecedented step of firing him.
U.S. stock futures rose sharply across major indexes following Trump’s latest remarks.
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https://www.cnbc.com/2025/04/22/trump-says-he-has-no-intention-of-firing-fed-chair-powell.html