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
10:52
Photo
Azerbaijan claims fourth medal at European Veterans Judo Championships
Team sports
10:41
Photo
Anastasiya Lavrina presents Azerbaijan's stance on global governance in China
Foreign policy
10:12
Bulgaria begins presidential election with 27 candidates
Other countries
09:58
Azerbaijan set for two FIFA U-15 matches in Baku today
Team sports
09:49
Iran prepares for renewed US strikes ahead of midterms, Bloomberg says
Region
09:27
Türkiye detains 20 irregular migrants in Kuşadası
Region
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