Trump Considered Firing Fed Chair Powell — Then Backed Off

President Donald Trump drafted a letter to remove Federal Reserve Chair Jerome Powell, citing frustration over high interest rates and costly renovations at the Fed building.

Later, Trump reversed course, saying no action would be taken for at least 8 months unless fraud is uncovered.
Trump Considered Firing Fed Chair Powell — Then Backed Off President Donald Trump drafted a letter to remove Federal Reserve Chair Jerome Powell, citing frustration over high interest rates and costly renovations at the Fed building. Later, Trump reversed course, saying no action would be taken for at least 8 months unless fraud is uncovered.
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