Trump Studying If Removing Powell Is Option, Hassett Says

Jerome Powell
Photographer: Jamie Kelter Davis/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Josh Wingrove and Hadriana Lowenkron

April 18, 2025 at 3:08 PM UTC

Updated on

April 18, 2025 at 5:14 PM UTC

This article is for subscribers only.

Donald Trump is studying whether he’s able to fire Federal Reserve Chairman Jerome Powell, his top economist said Friday, a day after the president publicly criticized the head of the central bank for not moving fast enough to slash interest rates.

“The president and his team will continue to study that,” National Economic Council Director Kevin Hassett said Friday when asked by a reporter if removing Powell was an option.