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Trump Says Firing Fed Chair Powell Is ‘Highly Unlikely’

DeFi Daily News by DeFi Daily News
July 16, 2025
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Trump Says Firing Fed Chair Powell Is ‘Highly Unlikely’
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President Donald Trump said it is “highly unlikely” that he fires Jerome Powell, after a White House official said the president was likely to seek the Federal Reserve Chair’s ouster soon. Trump said he discussed the concept of firing Powell in a meeting with congressional Republicans on Tuesday night.
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Tags: central banksChairDonald Trumpfedfed rate cutsFederal Reservefiringhighlyinterest ratesjay powellMarketsPoliticsPowellTrumpwhite house
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