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US Treasury Secretary Vincent: Trump's reference to "terminating" Federal Reserve Chairperson Powell may refer to the expiration of Powell's term

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2025-04-23 15:31:00
US Treasury Secretary Bescent: Trump's reference to "terminating" Federal Reserve Chairperson Powell may be referring to the expiration of Powell's term. Trump's remarks about Federal Reserve Chairperson Powell are not surprising. Trump has previously expressed dissatisfaction with the performance of the Federal Reserve Chairperson during his tenure. I have not taken a position on whether Trump is legally qualified to remove Federal Reserve Chairperson Powell.
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