Trump has discussed firing Fed's Powell with Warsh, eyed as possibe successor, WSJ says

ReutersApr 17, 2025 7:04 PM

April 17 (Reuters) - President Donald Trump has privately discussed firing Federal Reserve Chair Jerome Powell for months and talked about it with former Fed Governor Kevin Warsh, including the possibility of then selecting Warsh as Powell's replacement, the Wall Street Journal reported on Thursday.

Warsh has advised against trying to fire Powell, arguing that he should let the Fed chair complete his term without interference, the Journal reported, citing unnamed people familiar with the matter. The report comes the same day that Trump has repeatedly lashed out at Powell, whose term as Fed chair expires in May 2026.

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