Baku 18° 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
18:50
Photo
Russian missile barrage kills three in Kyiv, damages hospital and key bridge
Other countries
18:30
Azerbaijan establishes AI Observatory to boost economic competitiveness
ICT
18:28
OSCE PA President Pere Joan Pons steps down - Exclusive
Other countries
18:27
Asa Regner: UNESCO allocates $500,000 to support 48 local initiatives
Foreign policy
18:24
Photo
Jeyhun Bayramov discusses prospects for cooperation with ICESCO
Foreign policy
18:20
President: World Forum on Intercultural Dialogue has transformed into efficient and inclusive platform
Foreign policy
18:13
Deputy minister outlines AI Hub's role in economic transformation
Business
17:57
Photo
Jeyhun Bayramov, Alexander Zuev discuss plans to expand UNOCT presence in Azerbaijan
Domestic policy
17:56
Emin Huseynov: Experience of rebuilding Azerbaijan's Garabagh may be of interest to other countries
Karabakh