Baku 20° C
Trump considering dismissal of Federal Reserve chairman Jerome Powell
Other countries
- 18 April, 2025
- 20:49
Add Report.az to preferred Google sources
Stay up to date with the top news!
US President Donald Trump and his administration are reportedly considering removing Jerome Powell, Chairman of the Federal Reserve System (Fed), from his post, Kevin Hassett, head of the White House National Economic Council, said, according to Report.
Trump recently remarked that if he chose to, he would have the authority to remove Powell from office.
Powell has held the position since February 2018, and was reappointed for a second term in 2022. His current tenure is set to end in May 2026.
Author
Latest News
16:03
KazMunayGas plans to export 1.7 million tons of oil via BTC in 2026
Energy
15:59
Brent reaches nearly $115 - Update-2
Energy
15:49
OPEC Fund approves $250 million for Istanbul rail bypass
Infrastructure
15:31
Azerbaijan plans 12.4% increase in science funding for 2027
Finance
15:21
Huseyn Huseynov: Shusha and Nakhchivan selected as pilot cities for localizing SDGs
Business
15:06
Azerbaijan–India relations: stronger political dialogue opens up new prospects for cooperation
Analytics
14:59
Russia and Ukraine exchange prisoners based on 270 to 270 formula
Other countries
14:53
Kajsa Ollongren: EU intends to develop its partnership with Azerbaijan
Foreign policy
14:50
Photo
Azerbaijan, Uzbekistan exchange experience in financial sector
Finance