President Donald Trump has escalated his pressure campaign against Federal Reserve Chair Jerome Powell, leaving the door open to ousting him for “fraud,” he said last week. That raises questions about what would happen if Trump actually tires to fire the central bank leader.

Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.

Treasury Secretary Scott Bessent joins Morning Joe to defend President Trump’s aggressive trade strategy, insisting “who pays the tariffs is a choice” and claiming inflation will remain “very benign.” Bessent says manufacturers and retailers are absorbing costs—and that Trump “won’t fire” Fed Chair Powell,

The White House is exploring every avenue of executive power to get what President Trump wants from the Federal Reserve: lower interest rates.

President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican

If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

Donald Trump’s new HR czar has already started firing potshots at former “first buddy” Elon Musk, questioning the effectiveness of his work at cost-cutting taskforce DOGE.