Baku 17° 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
01:24
Video
President's accounts feature video of FIFA U-15 event in Baku
Football
00:12
Azerbaijan marks sixth anniversary of Gubadli's liberation
Domestic policy
00:05
Photo
President Ilham Aliyev watched opening ceremony of FIFA U-15 World Cup and Festival
Football
23:51
Photo
Azerbaijani election officials meet Serbian counterparts in Belgrade
Foreign policy
23:02
Lake Urmia's water level stops falling, Iranian officials say
Ecology
22:44
Azerbaijani embassy congratulates wrestlers on reaching world finals
Foreign policy
22:19
Two Azerbaijani Greco-Roman wrestlers reach world championship finals
Individual sports
22:04
Photo
Azerbaijan beats Timor-Leste 6–0 in U-15 World Cup opener
Football
21:39
Photo
Olive Festival officially opens at Baku's Seaside National Park
Domestic policy