Trump Confirms No Plans to Oust Fed Chair Powell
TL;DR Summary
President-elect Donald Trump stated he has no intention of replacing Federal Reserve Chair Jerome Powell, whose term ends in May 2026, upon returning to the White House. Powell has previously indicated he would not resign early if asked by Trump.
- Trump Tells NBC He Has No Plan to Remove Powell as Fed Chair Bloomberg
- Donald Trump says he won't try to remove Fed chief Jerome Powell NBC News
- Trump says he doesn’t plan to remove Fed chairman Jerome Powell CNN
- Trump says he will not try to replace Jerome Powell Reuters
- Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair The New York Times
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