""Then I'll have to fire him if he's not leaving on time. I've held back firing him. I've wanted to fire him, but I hate to be controversial. I want to be uncontroversial, but he will be fired.""
""Powell's term leading the Federal Reserve is set to end on May 15, but he could stay on as a member of the Board of Governors through 2028.""
""That is what the law calls for. That's what we've done on several occasions, including involving me, and it's what we're going to do in this situation.""
Donald Trump has expressed ongoing frustration with Federal Reserve Chairman Jerome Powell, threatening to fire him if he does not resign by the end of his term. Trump has criticized Powell for not cutting interest rates and has previously suggested he might oust him. Powell's term ends on May 15, but he could remain on the Board of Governors until 2028. Trump has nominated Kevin Warsh as a potential replacement, but Powell has indicated he intends to stay unless a successor is confirmed.
Read at Intelligencer
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