Trump's Call for Federal Reserve Shake-Up: Powell Urged to Resign
Former U.S. President Donald Trump called on Federal Reserve Chairman Jerome Powell to resign immediately. Trump, who initially appointed Powell, reiterated his stance amid Powell's second term, nominated by current President Joe Biden. Powell's current tenure as Fed chair ends in May 2026.
- Country:
- United States
Former U.S. President Donald Trump has intensified pressure on Federal Reserve Chairman Jerome Powell to step down, reiterating his call for an immediate resignation.
Despite Trump's initial appointment of Powell to lead the Fed during his tenure, he renews his demands amid Powell's continued leadership under President Joe Biden.
Powell, who was nominated for a second term as Fed chair by Biden, will see his term conclude in May 2026.
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