Trump Comments on Federal Reserve Chair

Date: WASHINGTON (Reuters) –
President: Donald Trump

On Thursday, President Donald Trump expressed his belief that Federal Reserve Chair Jerome Powell would resign if asked by Trump, despite Powell’s own statement of intent to complete his term, which lasts until May 2026. Trump stated he was dissatisfied with Powell, criticizing him for being “too late” in taking necessary actions regarding monetary policy. Powell has consistently affirmed his commitment to serve his full term and has declared he would not resign even if requested by the President.