Fiery Feud: Trump Threatens to Oust Fed Chair Powell Over Ongoing Tension
In an escalating dispute, President Trump warns he may fire Federal Reserve Chair Jerome Powell if he doesn't resign by May, adding fuel to their contentious power struggle.
The ongoing feud between President Donald Trump and Federal Reserve Chair Jerome Powell has taken a dramatic turn, with the president now threatening to fire the central bank chief if he does not voluntarily resign by May. This latest development marks the latest escalation in the long-simmering tensions between the two powerful figures.
The president's threat, which was first reported by Bloomberg News, underscores the administration's growing frustration with Powell's monetary policy decisions, which Trump has repeatedly criticized as being detrimental to the U.S. economy. {{IMAGE_PLACEHOLDER}} Trump has been a vocal critic of the Fed's interest rate hikes, arguing that they have stifled economic growth and undermined his administration's efforts to boost the nation's financial performance.
In an interview, a senior White House official stated that Trump believes Powell's leadership of the Fed has been a
Source: BBC News
