- President Donald Trump said this week Fed Chair Jerome Powell’s “termination cannot come fast enough.” That’s led to a debate about whether the president has the power to remove Federal Reserve leadership. Chicago Fed president Austan Goolsbee says this move could “undermine the credibility of the Fed.”
This week, President Donald Trump set up a showdown with Federal Reserve Chair Jerome Powell after the head of the central bank made a speech warning of the impacts of the president’s on-again, off-again tariffs.
