Thursday, April 16, 2026
New York TimesPowell, Jerome H

Trump Threatens to Fire Powell if He Does Not Resign From Fed

Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he would not leave until a criminal investigation was over.

CS
Colby Smith
Newsroom · ayer
2 min read
Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he would not leave until a criminal investigation was over.