According to a report by The New York Times, President Trump has drafted a letter to fire Federal Reserve Chair Jerome Powell.
The report claims Trump showed the letter to House Republicans during a meeting Tuesday night.
BREAKING: President Trump has drafted a letter to FIRE Jerome Powell, per NYT
Man, I REALLY hope this is true.
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Send it, @realDonaldTrump! pic.twitter.com/4LxLQCAR2p
— Nick Sortor (@nicksortor) July 16, 2025
More from The New York Times:
It remains to be seen whether Mr. Trump will actually go ahead with trying to fire Mr. Powell, a move that some in his administration have cautioned could be calamitous and have far more expansive fallout than the president appears to anticipate.
The president has in recent weeks
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