Does Trump have the power to fire Fed Chair Jerome Powell?


IE 11 is not supported. For an optimal experience visit our site on another browser.

  • Shein, Temu, other Chinese exporters to raise prices due to tariffs

    02:30

  • IRS considers revoking Harvard’s tax-exempt status, NYT reports

    01:01

  • RFK Jr. faces backlash after suggesting autism is preventable

    02:32

  • Judge weighs holding Trump admin in contempt over deportations

    02:55

  • Now Playing

    Trump says Jerome Powell’s termination ‘cannot come fast enough’

    02:16

  • UP NEXT

    Stocks tumble following Fed chair’s concerns over economy, tariffs

    02:24

  • China tells its airlines not to buy jets from Boeing in tariff retaliation

    02:28

  • Protesters tased and arrested at Marjorie Taylor Greene town hall

    02:51

  • New details emerge on man suspected of torching PA gov. mansion

    02:10

  • Trump pulls $2B in funding after Harvard rejects his DEI demands

    01:54

  • Trump mulls imprisoning US citizens abroad: ‘Homegrowns are next’

    02:17

  • RFK Jr. looks to reshape US public health despite budget cuts

    04:32

  • Man mistakenly deported remains imprisoned in El Salvador

    00:27

  • Who is winning the tariff war in the Trump administration?

    01:59

  • Trump exempts phones, computers, chips and TVs from new tariffs

    01:37

  • Trump says he’s in ‘very good shape’ after his annual physical

    00:38

  • US, Iran set to begin high-level talks on potential nuclear deal

    01:59

  • China’s President Xi to Trump: ‘There are no winners in a tariff war’

    02:28

  • Michelle Obama slams divorce speculation on podcast episode

    02:12

  • With uncertainty over tariffs, should you do holiday shopping now?

    03:08

After Federal Reserve Chair Jerome Powell acknowledged on Wednesday that there might be an economic downturn due to Trump’s tariffs, the president posted on social media suggesting the chair should be fired — but does he have the authority to do that? NBC’s Brian Cheung joins TODAY with analysis.



Source link

  • Related Posts

    Germany’s Red Tape Creates a Berlin-Sized Hole in Energy Shift

    (Bloomberg) — Nestled along the banks of the Neckar River in southwest Germany, the bucolic university town of Tübingen is known for its association with poets and philosophers such as…

    Harassed by Assassin’s Creed gamers, a professor fought back with kindness

    HANOVER, N.H. (AP) — Sachi Schmidt-Hori has never played Assassin’s Creed Shadows, but facing an onslaught of online harassment from its fans, she quickly developed her own gameplay style: confronting…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    Germany’s Red Tape Creates a Berlin-Sized Hole in Energy Shift

    Welcome to Sam Altman’s Orb Store

    Welcome to Sam Altman’s Orb Store

    Rachel Zegler and Marisa Tomei Aboard ‘She Gets It From Me’

    Rachel Zegler and Marisa Tomei Aboard ‘She Gets It From Me’

    Phil Simms’ No. 11 to stay retired with Giants amid Abdul Carter search

    Phil Simms’ No. 11 to stay retired with Giants amid Abdul Carter search

    Where to Stream Crunchyroll’s Nominees for Anime of the Year

    Where to Stream Crunchyroll’s Nominees for Anime of the Year

    ‘The body is reality’: Canadian filmmaker David Cronenberg on mortality and making movies – National

    ‘The body is reality’: Canadian filmmaker David Cronenberg on mortality and making movies – National