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Thursday, Jul 17, 2025
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Trump Consults Lawmakers on Potential Dismissal of Fed Chair Powell

Trump Consults Lawmakers on Potential Dismissal of Fed Chair Powell

President raises prospect of firing central bank head
President Donald Trump has asked lawmakers whether he should proceed with removing Federal Reserve Chair Jerome Powell, reigniting speculation over the central bank’s leadership.

The discussions come amid heightened tensions over monetary policy and criticism from the White House regarding the Federal Reserve’s handling of interest rates and economic signals.
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