Trump firmly rejects rumors about Fed Chairman Powell being fired!
Donald Trump denies rumors that Fed Chairman Jerome Powell will be kicked out on July 16, 2025. Find out more.
Trump firmly rejects rumors about Fed Chairman Powell being fired!
In a recent statement, Donald Trump firmly rejected rumors about a possible expulsion of the head of the US Federal Reserve, Jerome Powell. Trump said Powell would not be removed from office and denied reports that have circulated in recent days questioning his decision. This reports Mirror Online.
These statements came in a political climate already marked by uncertainty. In particular, the economic situation and the Federal Reserve's interest rate policy are in focus, as Trump has repeatedly addressed the central bank's monetary policy in recent months. The former president's declining poll numbers could also shape his behavior.
Context of the statements
Trump, who has frequently criticized the Federal Reserve in the past, stressed that Powell continues to play an important role in U.S. monetary stability. It is crucial that the central bank can act independently to combat inflation and promote economic growth.
In addition, Trump explained that it is necessary to keep an eye on the challenges in the economy. His statement to the media came as no surprise, as the political landscape is continually shaped by a variety of economic and social issues.