Published On: Wed, Apr 23rd, 2025

Could Trump actually fire head of the U.S. central bank, Jerome Powell?

U.S. Federal Reserve Chair Jerome Powell speaking to an audience in Chicago.

U.S. President Donald Trump has been mounting attacks against the Federal Reserve chair, Jerome Powell, for his refusal to cut interest rates further. But the president’s power over the independent central banker isn’t so clear cut.

CBC | World News

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Could Trump actually fire head of the U.S. central bank, Jerome Powell?