How Trump’s repeated efforts to fire the Federal Reserve chair harm the economy

By: Ana Carolina Garriga, Cristina Bodea

Outlets: Kentucky Lantern

Published: April 17, 2026

Words: 1,706

Last Updated: 3 months, 2 weeks ago


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This article is republished from The Conversation under a Creative Commons license. Read the original article.

President Donald Trump has again threatened to oust Federal Reserve Chair Jerome Powell, putting at risk a keystone of good economic policy and inflation management: central bank independence.

The president said on April 15, 2026, that he would fire Powell if the Fed chair stayed on in that role after his term officially ends on …

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