U.S. President Donald Trump gestures with Jerome Powell at the White House in Washington, U.S., November 2, 2017. REUTERS/Carlos Barria/Files
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CNBC TV1830-12-2025, 04:52

Trump Threatens Firing Fed Chair Powell Again: "Maybe I Still Might"

  • Donald Trump reiterated his desire to fire Federal Reserve Chair Jerome Powell, stating "Maybe I still might" despite Powell's term ending in five months.
  • Trump, who nominated Powell in 2017, has criticized him for being "too late" in lowering interest rates.
  • He previously sought Powell's ouster in July, but retracted after negative equity market reactions.
  • Trump is also considering a "gross incompetence" lawsuit against Powell regarding a Fed renovation project.
  • Trump plans to announce his new Fed Chair nominee in January, mentioning he has someone in mind.

Why It Matters: Trump continues his public feud with Fed Chair Powell, hinting at a potential firing and lawsuit.

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