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Al Jazeera
Al Jazeera
Business
John Power

Trump says Powell should resign ‘immediately’ in latest attack on Fed chair

US Federal Reserve Chairman Jerome Powell speaks during an open meeting of the Board of Governors at the Federal Reserve, in Washington, DC, on June 25, 2025 [Mark Schiefelbein/AP Photo]

United States President Donald Trump has repeated his call for Federal Reserve Chair Jerome Powell to step down, the latest in a series of attacks that have raised concern about the independence of the US central bank.

Trump made the call for Powell to “resign immediately” on Wednesday after his administration’s top housing regulator urged the US Congress to launch an investigation into the central banker.

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