All articles tagged with #firing threat
The U.S. Transportation Secretary warned air traffic controllers to show up for work during the government shutdown or face termination, citing a critical staffing shortage that is causing widespread flight delays. Despite frustrations and financial stress among controllers, the union emphasizes the importance of maintaining operations, while the government emphasizes discipline to prevent disruptions.
President Trump posted a cartoon image on social media depicting himself firing Fed Chair Jerome Powell, reflecting ongoing criticism of Powell's cautious interest rate policies; such a firing would be unprecedented and is legally complex, with no immediate market reaction.
President Trump threatened to fire Federal Reserve governor Lisa Cook if she does not resign amid allegations and political attacks, as part of his broader effort to influence the Fed's interest rate policies and reshape its leadership.
President Trump initially considered firing Federal Reserve Chair Jerome Powell after asking GOP lawmakers for their opinion, but he later denied plans to do so, amid political pressure and concerns about the impact on market confidence and the Fed's independence.