Trump Hints at Firing Fed Chair Jerome Powell
Donald Trump says he may still fire Federal Reserve Chair Jerome Powell if re-elected president.
- Trump says he may fire Fed Chair Powell if re-elected
- Powell’s term runs until 2026, but pressure is mounting
- Trump has long criticized Powell’s rate policies
Trump Signals Possible Ouster of Fed Chair Powell
In a fresh escalation of his long-running feud with the U.S. central bank, former President Donald Trump has stated that he may still fire Federal Reserve Chair Jerome Powell if he returns to the White House in 2025.
Trump’s comments came amid renewed scrutiny of the Fed’s interest rate policies and their impact on the U.S. economy. Despite Powell’s term running until May 2026, Trump’s remarks suggest that the independence of the central bank could once again be tested under his leadership.
A Tense History Between Trump and Powell
This isn’t the first time Trump has taken aim at Powell. During his presidency, Trump frequently criticized the Fed for not cutting interest rates fast enough and even considered demoting Powell in 2019.
Now, with the 2024 election behind him and political momentum building, Trump’s comments are being seen as a warning shot. While it’s legally unclear whether a sitting president can outright fire the Fed chair without cause, Trump’s rhetoric could rattle markets already sensitive to interest rate expectations.
What’s at Stake for the Markets
The Federal Reserve plays a critical role in shaping monetary policy, and any disruption at the top could impact investor confidence, the dollar, and interest rate stability. Powell has largely stayed focused on fighting inflation, keeping rates elevated through most of 2025.
Trump’s possible return to power — paired with aggressive comments about Fed leadership — adds a layer of uncertainty as markets head into 2026. Analysts say that even talk of removing Powell could undermine the perception of central bank independence, potentially increasing volatility across financial markets, including crypto.
Read Also:
- XRP Price Prediction 2026: Alongside Ripple’s Comeback Story, DeepSnitch AI’s Presale Accelerates Toward $1M and Launch
- Trump Hints at Firing Fed Chair Jerome Powell
- Solana Price Prediction December 2025: USX Stablecoin Recovers as DeepSnitch AI Climbs 104%
- GameFi Funding Drops 55% Year-over-Year in 2025
- Cardano Price Prediction 2026: Strategy Accelerates Bitcoin Accumulation as DeepSnitch AI Presale Approaches January Launch
