Trump open to idea of firing Fed Chair Powell, source says

July 16, 2025 11:55 AM EDT

FILE PHOTO: U.S. President Donald Trump looks on as Jerome Powell, his nominee at the time to lead the U.S. Federal Reserve, moves to the podium at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria/File Photo

WASHINGTON (Reuters) -U.S. President Donald Trump is open to the idea of firing Federal Reserve Chair Jerome Powell, a source told Reuters on Wednesday.

Trump polled some Republican lawmakers on firing Powell and received a positive response, the source said.

(Reporting by Trevor Hunnicutt, Katharine Jackson; Editing by Caitlin Webber)



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Donald J. Trump, Jerome Powell