#TrumpVsPowell

Trump said he could fire the Chairman of the Federal Reserve after the official warned that tariffs could exacerbate inflation. "Federal Reserve Chairman Jerome Powell will leave if I ask him to. I am not satisfied with him and I have let him know that. Believe me, if I want him to go, it will happen very quickly," U.S. President Donald Trump told reporters at the White House on April 17. In a previous post on the social media platform Truth Social, Trump had asked Powell to lower interest rates. The Wall Street Journal, citing sources, reported that Trump had privately discussed the possibility of firing the Fed Chairman for months but had not yet made a final decision. He had also raised the issue in private meetings at his Mar-a-Lago resort with former Fed Governor Kevin Warsh. U.S. presidents often clash with Fed chairs, but any move to force Powell to resign would be unprecedented in modern American political history. Powell said on April 4 that he had no plans to resign before his term ends next year.