Trump Clashes With US Federal Reserve Chair: ‘Resign Now!
U.S. President demands immediate resignation of Federal Reserve Chair.
According to webangah News Agency, citing Sputnik, U.S. President Donald Trump has called for the immediate resignation of Federal Reserve Chair Jerome Powell.
Powell’s term as Fed Chair is set to expire in May 2026-one year from now-but tensions between him and Trump have reportedly intensified in recent months.
Informed sources state that Trump is actively seeking Powell’s replacement, angered by the Fed chief’s cautious approach to interest rate cuts.
The development comes despite Trump having initially nominated Powell for the position,with President Joe biden later extending his term.
News Sources: © webangah News Agency, Mehr News Agency, Sputnik
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