Trump Considers Replacing Powell: Wants to 'Fire Him Right Now'

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author: CryptoNews

date: November 18, 2025

1 min. read

President Trump has reportedly expressed his desire to remove Jerome Powell from his position as Chairman of the Federal Reserve. According to sources, Trump stated he would "fire Powell right now" if he could. This sentiment stems from Trump's dissatisfaction with the Fed's interest rate policies. He believes lower rates would boost the economy. The President has reportedly started interviewing potential replacements for Powell, signaling a growing rift and potential shakeup at the central bank. This move raises concerns about the Fed's independence and potential political influence over monetary policy. Replacing Powell mid-term could create economic instability and uncertainty in the financial markets. ```