Trump Renews Threats to Fire Fed Chair Powell -- WSJ

Dow Jones04-15

By Matt Grossman

President Trump doubled down on the Justice Department's criminal investigation of Federal Reserve Chair Jerome Powell, saying in a television interview Wednesday morning that he won't drop the probe and threatening to fire Powell if he doesn't resign.

"Well then I'll have to fire him, OK?" Trump said in a Fox Business interview.

Fed officials are protected by a law that limits the reasons they can be removed. The Supreme Court is now weighing the bounds of that law as it prepares to rule on another case stemming from Trump's attempt to fire a different Fed official.

Trump's comments show that he remains intransigent in his intent to dislodge Powell, whose term as Fed chair ends in a month.

Write to Matt Grossman at matt.grossman@wsj.com

 

(END) Dow Jones Newswires

April 15, 2026 08:35 ET (12:35 GMT)

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