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International Business Times UK
International Business Times UK
Rohit David

Who Appointed Jerome Powell and Can President Trump Fire Him? What You Need to Know

Jerome Powell Donald Trump Jay Powell US Federal Reserve Bessent Joe Biden
Jerome Powell, appointed by Trump, faces firing threats. Legal limits and market risks loom

Jerome Powell, the Federal Reserve Chair, has been at the centre of speculation following reports that President Donald Trump is considering his dismissal.

Trump picked Powell for the job himself back in his first term, but they've been butting heads over interest rates and money policy ever since. It's been a rocky relationship from the start.

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