Trump: 'People are holding me back' from firing Jerome Powell

The HillTuesday, November 18, 2025 at 7:40:48 PM
NegativeU.S News
Trump: 'People are holding me back' from firing Jerome Powell
  • President Trump indicated he would replace Jerome Powell as Federal Reserve Chair immediately if not for external influences, criticizing Powell's handling of interest rates. This statement underscores Trump's frustration with the Fed's monetary policy and suggests a potential shift in leadership if he feels empowered to act.
  • This development is significant as it highlights the ongoing friction between the Trump administration and the Federal Reserve, raising concerns about the independence of the central bank and its ability to operate without political interference, which could impact economic stability.
— via World Pulse Now AI Editorial System

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