Federal Reserve Chair Jerome Powell is sticking around, President Trump says, because, well, sure.
Trump spoke to Fox News for an interview Wednesday after lashing out at Powell as someone with "no 'guts,' no sense, no vision!" The president has lobbied the Federal Reserve to cut interest rates to "zero, or less," and he has in the past argued that he is within his right to fire Powell.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Trump eases Mexico, Canada tariffs again as markets slidespeed read The president suspended some of the 25% tariffs he imposed on Mexican and Canadian imports
-
Trump tells Cabinet they are in charge of layoffs, not MuskSpeed Read The White House has faced mounting complaints about DOGE's sweeping cuts
-
Rep. Sylvester Turner dies, weeks after joining HouseSpeed Read The former Houston mayor and longtime state legislator left behind a final message for Trump: 'Don't mess with Medicaid'
-
Trump pauses Ukraine intelligence sharingSpeed Read The decision is intended to pressure Ukrainian President Volodymyr Zelenskyy into peace negotiations with Vladimir Putin
-
Supreme Court rules against Trump on aid freezeSpeed Read The court rejected the president's request to freeze nearly $2 billion in payments for foreign humanitarian work
-
Trump touts early wins in partisan speech to CongressSpeed Read The president said he is 'just getting started' with his sweeping changes to immigration, the economy and foreign policy
-
Trudeau blasts Trump's 'very dumb' trade warSpeed Read Retaliatory measures have been announced by America's largest trading partners following Trump's tariffs on Canada, Mexico and China
-
Trump pauses military aid to Ukraine after public spatSpeed Read Trump and J.D. Vance berated Volodymyr Zelenskyy for what they saw as insufficient gratitude
