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Al Jazeera
Al Jazeera
Politics

Can Donald Trump fire Jerome Powell, US Federal Reserve chair?

This combination of pictures shows US President Donald Trump in the Oval Office of the White House in Washington, DC, on July 16, 2025, and US Federal Reserve Chair Jerome Powell on Capitol Hill in Washington, DC, on June 24, 2025 [AFP]

President Donald Trump is sending mixed messages about whether he will fire Federal Reserve Chair Jerome Powell.

Trump said on July 16 he is “not planning on doing anything” when asked if he would fire Powell. However, he also said he doesn’t “rule out anything” and mentioned a renovation project with ballooning costs.

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