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
00:04
Azerbaijan, Portugal discuss trade missions and investment opportunities
Foreign policy
00:01
Rubio, Ambanis discuss energy and data centers
Other countries
23:36
Photo
Leyla Aliyeva tours Eternal City complex, meets Emine Erdoğan in Samarkand
Foreign policy
23:29
Wang Yi pledges support for peace in Middle East and Africa
Other countries
23:03
Photo
Azerbaijani missing persons" families meet EU officials in Brussels
Foreign policy
22:48
Why preserving public trust matters in Azerbaijan–Türkiye relations?
Analytics
22:32
Witkoff describes talks with Putin as constructive
Other countries
22:14
Leadership and political responsibility in Baku–Ankara relations -Analysis
Analytics
21:56
Azerbaijani MP says delays to peace treaty threaten regional stability
Foreign policy