Baku 15° 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
03:28
Photo
Video
Sites of Memory of Western Azerbaijan: Ethnic cleansing in Dashkorpu
Domestic policy
00:00
6 years pass since Armenia's terror attack in Azerbaijan's Garayusifli village
Domestic policy
23:55
Russian diesel exports fail to ease global prices, Kommersant says
Energy
23:33
Photo
Leyla Aliyeva visits Capybara Azerbaijan farm in Shamakhi
Domestic policy
23:24
Rubio to host G20 foreign ministers in Atlanta on October 30–31
Other countries
22:56
Photo
AFFA and FIFA presidents watch U-15 World Cup matches in Baku
Football
22:47
Moldova, Ukraine sign military cooperation agreement
Other countries
22:30
Photo
Khinisli nursery-kindergarten opened in Shamakhi city
Domestic policy
22:22
Photo
Leyla Aliyeva familiarizes herself with activities of social sewing facility in Shamakhi
Domestic policy