Topline
President Donald Trump on Wednesday deepened his criticism of the Federal Reserve and said he would “love” to fire Jerome Powell, whom Trump has chastised throughout his second term for not lowering interest rates more quickly.
“I’d love to fire his ass,” Trump said.
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Key Facts
“I’ll be honest, I’d love to fire his ass,” Trump said of Powell, whose term as the Federal Reserve chair expires in May 2026.
Trump, who spoke during a Saudi Arabia-backed investment forum, called on Treasury Secretary Scott Bessent to find a successor for Powell, adding, “You’ve got to work on him, Scott. The only thing Scott’s blowing it on is the Fed.”
Interest rates are “too high,” Trump noted, suggesting if Bessent—whom Trump referred to as a “voice of reason”—fails to “get it fixed fast, I’m going to fire your ass.”
Crucial Quote
“I love the Fed job,” said Trump, adding, “To me, it’s the easiest job in the world. You play golf for 28, 29 days, and then you make a speech.”
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Source: https://www.forbes.com/sites/tylerroush/2025/11/19/trump-says-he-would-love-to-fire-fed-chair-jerome-powell/
