{"id":20381,"date":"2025-04-22T21:59:40","date_gmt":"2025-04-22T21:59:40","guid":{"rendered":"https:\/\/site.itshrt.com\/worldnews\/trump-says-he-has-no-intention-of-firing-federal-reserve-chief-jerome-powell\/"},"modified":"2025-04-22T21:59:40","modified_gmt":"2025-04-22T21:59:40","slug":"trump-says-he-has-no-intention-of-firing-federal-reserve-chief-jerome-powell","status":"publish","type":"post","link":"https:\/\/site.itshrt.com\/worldnews\/trump-says-he-has-no-intention-of-firing-federal-reserve-chief-jerome-powell\/","title":{"rendered":"Trump says he has &#8220;no intention of firing&#8221; Federal Reserve chief Jerome Powell"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     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class=\"lazyload embed__frame\" data-width=\"1920\" data-height=\"1080\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" id=\"white-house-press-secretary-suggests-federal-reserve-is-not-independent-gives-trade-war-update--hero\" title=\"Video: White House press secretary suggests Federal Reserve is not independent, gives trade war update\" data-sort-time=\"1745347376000\" data-update-time=\"1745347376000\"><\/iframe><\/p><\/div>\n<p>          <button class=\"player-overlay__button--icon-close__mobile\" data-target=\"\" aria-label=\"Close sticky player\"><br \/>\n        <svg class=\"player-overlay__button--icon\">\n          <use xlink:href=\"#player-icon-close\"\/>\n        <\/svg><br \/>\n      <\/button><\/p><\/div>\n<\/p><\/div><figcaption class=\"embed__caption-container\">\n                              <a href=\"https:\/\/www.cbsnews.com\/video\/white-house-press-secretary-suggests-federal-reserve-is-not-independent-gives-trade-war-update\/\" class=\"embed__headline-link\" data-invalid-url-rewritten-http=\"\"><\/p>\n<p>          <span class=\"embed__icon\"><br \/>\n            <svg viewbox=\"0 0 32 32\" aria-hidden=\"true\">\n              <use xlink:href=\"#icon-video\"\/>\n            <\/svg><br \/>\n          <\/span><\/p>\n<p>          <span class=\"embed__headline\">White House press secretary suggests Federal Reserve is not independent, gives trade war update<\/span><\/p>\n<p>          <span class=\"embed__video-duration\">04:26<\/span><\/p>\n<p>                      <\/a><\/p>\n<\/figcaption><\/figure>\n<section class=\"content__body\">\n<p>President Trump said Tuesday he has &#8220;no intention of firing&#8221;\u00a0<span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/can-trump-fire-powell-term-end-federal-reserve-what-to-know\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">Federal Reserve chair Jerome Powell<\/a><\/span>, one day after the president called Powell a &#8220;major loser&#8221; and publicly lobbied <span class=\"link\"><a href=\"https:\/\/www.cbsnews.com\/news\/stock-market-down-trump-jerome-powell-federal-reserve-tariffs\/\" target=\"_blank\" data-invalid-url-rewritten-http=\"\">the central bank chief<\/a><\/span> to lower interest rates at a faster clip.<\/p>\n<p>When asked by reporters in the Oval Office if he has any plans to fire Powell, Mr. Trump said he &#8220;never did&#8221; and claimed &#8220;the press runs away with things&#8221; \u2014 though he once again pressed Powell to cut interest rates, which remain elevated after the Fed hiked rates to quell inflation.<\/p>\n<p>&#8220;This is a perfect time to lower interest rates,&#8221; Mr. Trump said. &#8220;If he doesn&#8217;t, is it the end? No, it&#8217;s not. But it would be good timing.&#8221;<\/p>\n<p>Last week, Mr. Trump argued in a social media post that Powell is &#8220;always TOO LATE AND WRONG,&#8221; and said his &#8220;termination cannot come fast enough,&#8221; drawing speculation that the president could try to oust Powell before his term ends next year.<\/p>\n<p><em>This is a breaking story. It will be updated.\u00a0<\/em><\/p>\n<p>    <!-- data-recirc-source=\"queryly\" --><\/p>\n<aside class=\"component list recirculation component--type-recirculation \">\n        <\/aside>\n<p>    <!-- tags --><\/p>\n<\/section><\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-6606220950177433\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- ItShrt World News -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-6606220950177433\"\r\n     data-ad-slot=\"1882483372\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/www.cbsnews.com\/news\/trump-says-no-intention-of-firing-fed-chief-jerome-powell\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Leavitt suggests Fed Reserve isn&#8217;t independent White House press secretary suggests Federal Reserve is not independent, gives trade war update<\/p>\n","protected":false},"author":1,"featured_media":20382,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[37],"tags":[157,958,1215],"class_list":["post-20381","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-money-watch","tag-donald-trump","tag-federal-reserve","tag-jerome-powell"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump says he has &quot;no intention of firing&quot; Federal Reserve chief Jerome Powell - World News<\/title>\n<meta name=\"description\" content=\"President Trump said he isn&amp;#039;t planning on firing Federal Reserve chair Jerome Powell, one day after calling Powell a &amp;quot;major loser.&amp;quot;\" \/>\n<meta name=\"robots\" content=\"index, follow, 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