Trump will study whether to fire Fed Chair Powell, adviser says By Reuters
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 18 2025
0mins
Source: Investing.com
Trump's Consideration of Firing Powell: White House economic adviser Kevin Hassett stated that President Trump and his team are considering the option of firing Federal Reserve Chair Jerome Powell, following Trump's criticism of Powell for not cutting interest rates.
Ongoing Tensions with the Fed: The comments come amid escalating tensions between Trump and Powell, with Trump accusing the Fed chair of "playing politics" and asserting he could remove him quickly if desired.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
