#TrumpVsPowell According to a Wall Street Journal report, former U.S. President Trump has been secretly working for months to remove Federal Reserve Chairman Jerome Powell. Trump is said to have already lined up a potential replacement — and is determined to take action before Powell’s term ends.
✔ Behind Closed Doors: Trump’s Secret Plan
◾ Trump has been meeting privately since late 2023 to discuss firing Powell
◾ He even consulted former Fed Governor Kevin Warsh about replacing Powell
◾ Warsh advised against firing Powell, but discussions continued until March 2024