Donald Trump confirmed he wouldn’t remove Jerome Powell as Federal Reserve Chair.
Jerome Powell asserts he will remain as Fed Chair until 2026, citing legal protections against removal.
President-elect Donald Trump has publicly expressed his support for Federal Reserve Chair Jerome Powell, despite their historically tumultuous relationship. Trump confirmed in an exclusive interview with Kristen Welker on Meet the Press that he has no plans to replace Powell, whose term as chair extends until May 2026.
When pressed about whether he would consider removing Powell, Trump responded, “No, I don’t think so. I don’t see it,” adding that while Powell might resist a request to step down, he believed Powell would leave if explicitly told to do so. This shift in tone is significant given Trump’s previous threats to fire Powell during disputes over interest rate policies in his first term.
Powell himself has remained steadfast, asserting his commitment to serving out his t
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