#PowellVsTrump Trump Reconsiders Firing Fed Chair Powell Amid Economic Tensions

WASHINGTON, D.C. (June 21, 2025) — Former President Donald Trump signaled he may reverse his previous intentions to fire Federal Reserve Chair Jerome Powell, despite repeated public criticism of Powell’s handling of interest rates.

Speaking in a recent interview, Trump said, “I don’t like what he’s doing with interest rates — I think he’s making a big mistake. But we’ll see what happens. I might change my mind.”

Trump has frequently accused Powell of keeping rates too high, claiming the policy is hurting economic growth and job creation. His renewed focus on Powell comes just days after the Federal Reserve held interest rates steady, while also projecting slower economic growth and higher inflation through the remainder of 2025....