President Trump Pours Cold Water On Rumors He Will Fire Federal Reserve Chair Jerome Powell

President Trump Pours Cold Water On Rumors He Will Fire Federal Reserve Chair Jerome Powell


By Anthony • July 16, 2025 4:11 pm •

For the last two weeks, rumors have swirled that President Trump would fire Jerome Powell, the chair of the Federal Reserve.

Those rumors amplified after Rep. Anna Paulina Luna, after meeting with President Trump, took to X and posted that Powell’s firing is imminent.

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However, while taking questions from the press on Wednesday, Trump shared it was very unlikely he will fire Powell.

NBC News had more details on Trump’s recent comments on Powell:

President Donald Trump said Wednesday it was “highly unlikely” he would fire Jerome Powell as chair of the Federal Reserve.

His statements, made in the Oval Office, come less than 24 hours after telling a room full of Republican lawmakers that he

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