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Powell's term as Fed chair is coming to an end. Trump wants to fire him anyway.

By Market Watch April 15, 2026 Bearish
Powell's term as Fed chair is coming to an end. Trump wants to fire him anyway.
President Donald Trump and Department of Justice officials aren't showing signs of backing down in a standoff over the leadership of the Federal Reserve, even as current Fed Chair Jerome Powell's term for that role is due to end in exactly a month.
President Donald Trump and Department of Justice officials aren't showing signs of backing down in a standoff over the leadership of the Federal Reserve, even as current Fed Chair Jerome Powell's term for that role is due to end in exactly a month.