Trump denies plans to fire Fed chairman - despite what he told Republicans
WASHINGTON − President Donald Trump denied Wednesday that he plans to fire Federal Reserve chairman Jerome Powell after telling Republican lawmakers he would likely make the move.
"No, I'm not talking about that. Fortunately, we get to make a change in the next eight months or so," Trump told reporters on July 16 during an Oval Office meeting with the crown prince of Bahrain.
Trump informed Republican lawmakers in an Oval Office meeting Tuesday night that he planned to likely soon fire Powell after polling them on what he should do, a senior White House official told USA TODAY.
"Almost all of them said I should, but I'm more conservative," Trump said, calling new reports that he plans to fire Powell "not true."
For months, Trump has criticized Powell ‒ who he appointed to the post during his first term ‒ for not lowering interest rates.
"I think he's done a terrible job. He's costing us a lot of money," Trump said, but stopped short of saying he will fire Powell.
The Fed on July 11 declined to comment on rumors of Powell stepping down, but directed USA TODAY to the many times Powell has said he intends to serve his term, set to end May 2026.
"I don't rule anything out, but I think it's highly unlikely," Trump said. "Unless he has to leave for fraud."
This is a developing story.
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Doonesbury Comic Strips by Garry Trudeau - July 17, 2000
........Trump on Jeffrey Epstein: "Somebody that nobody cares about."....Lara Loomer: "How come we can't talk about what a dumb lying bimbo Pam Blondi is?...How many more times is this woman going to get away with F-ing everything up before she is fired?"....Trump on Rosie O'Donnell: "She is a threat to humanity."....O'Donnell in response: "I still live rent-free in that collapsing brain of yours. I'm everything you fear: a loud woman, a queer woman, a mother who tells the truth, an American who got out of the country before you set it ablaze."....Trump on Elon Musk: "50% genius, 50% boy."....Steve Bannon: "Formerly known as Elon Musk, Elmo the not an American, you're a South we take enough time and prove the facts of that, you should be deported because it's a crime what you did -- among many."....Musk: "The fat, drunken slob called Bannon will go back to prison and this time for a long time. He has a lifetime of crime to pay for."....Tucker Carlson: "Why are my cities disgusting? I don't even want to go there. It smells like weed and halal food."....CA Gov. Gavin Newsom: "Kids running from tear gas, crying on the phone because their mother was just taken from the fields. Trump calls me 'Newscum' but he's the real scum."....Jonathan V. Last on Trump: "Reinventing ICE as the primary instrument of internal state power. ICE is more or less a national brute squad."...Ruth Ben-Ghiat on Trump: "Authoritarian leader cult is folding to his will."....CA Governor's press office on Stephen Miller: "This fascist cuck in DC continues his assault on democracy and the the Constitution hurt your feelings, Stephen. Cry harder."....Charlie Kirk on Texas flooding: "The death toll likely would not have been as high if it wasn't for DEI."....Dean Blundell on Trump: "An aging, increasingly incoherent, barely upright man."....Maureen Dowd: "Trump, who plays at being king, is not interested in virtue; only in humiliation, conflict, enrichment and revenge."....Tina Brown: "Out of Trump's ass, his ego, and his flawless media intuition, came: Let's bomb the shit out of Fordo."....John Cleese on Trump administration: "This is why dictatorships fail. Dictators always surround themselves with yes-people who are terrified to acquaint the dictator with reality."....Trump on Sen. Rand Paul: "His ideas are actually crazy (losers!). The people of Kentucky can't stand him."....VP JD Vance: "I empathize with Americans who are exhausted after 25 years of foreign entanglements in the Middle difference is that back then we had dumb presidents."....Andrew Sullivan: "A president who lies about everything all the time is singularly incapable of being a war president. People have to trust your word in a war. But Trump's word is toilet paper."....John Oliver on ICE agents: "These are criminal gangs,...bounty hunters making money for each body they manage to kidnap. They have quotas. You are their USA is sick."....WH Communications Director Steven Cheung: "The Nobel Peace Prize is illegitimate if President Trump -- the ultimate peace president -- is denied his rightful recognition of bringing harmony across the world."....Rep. MTG: "America is the greatest country in the world and I fight the nasty 'America Last' Democrats in Washington to keep it that way."....Trump on Democrats: "I hate them. I cannot stand them, because I really believe they hate our country."....Rep. Hakeem Jeffries on House passing Trump's BBB: "One big ugly is a crime scene."....Jonathan Alter: "Might as well tear down the Statue of LIberty and flush Emma Lazarus's poem down the toilet."....Garrison Keillor: "Every morning the news hits us like a baseball bat. How did this crook and clown achieve the White House so he could wage war on science, higher education, the Constitution, regulatory agencies, and the world economy, while redecorating the Oval Office to look like the Golden Nugget in Las Vegas?"....Trump supporter to reporter "We're not stupid. Donald Trump is a genius. That's what the J stands for.".... ........Trump on Jeffrey Epstein: "Somebody that nobody cares about."....Lara Loomer: "How come we can't talk about what a dumb lying bimbo Pam Blondi is?...How many more times is this woman going to get away with F-ing everything up before she is fired?"....Trump on Rosie O'Donnell: "She is a threat to humanity."....O'Donnell in response: "I still live rent-free in that collapsing brain of yours. I'm everything you fear: a loud woman, a queer woman, a mother who tells the truth, an American who got out of the country before you set it ablaze."....Trump on Elon Musk: "50% genius, 50% boy."....Steve Bannon: "Formerly known as Elon Musk, Elmo the not an American, you're a South we take enough time and prove the facts of that, you should be deported because it's a crime what you did -- among many."....Musk: "The fat, drunken slob called Bannon will go back to prison and this time for a long time. He has a lifetime of crime to pay for."....Tucker Carlson: "Why are my cities disgusting? I don't even want to go there. It smells like weed and halal food."....CA Gov. Gavin Newsom: "Kids running from tear gas, crying on the phone because their mother was just taken from the fields. Trump calls me 'Newscum' but he's the real scum."....Jonathan V. Last on Trump: "Reinventing ICE as the primary instrument of internal state power. ICE is more or less a national brute squad."...Ruth Ben-Ghiat on Trump: "Authoritarian leader cult is folding to his will."....CA Governor's press office on Stephen Miller: "This fascist cuck in DC continues his assault on democracy and the the Constitution hurt your feelings, Stephen. Cry harder."....Charlie Kirk on Texas flooding: "The death toll likely would not have been as high if it wasn't for DEI."....Dean Blundell on Trump: "An aging, increasingly incoherent, barely upright man."....Maureen Dowd: "Trump, who plays at being king, is not interested in virtue; only in humiliation, conflict, enrichment and revenge."....Tina Brown: "Out of Trump's ass, his ego, and his flawless media intuition, came: Let's bomb the shit out of Fordo."....John Cleese on Trump administration: "This is why dictatorships fail. Dictators always surround themselves with yes-people who are terrified to acquaint the dictator with reality."....Trump on Sen. Rand Paul: "His ideas are actually crazy (losers!). The people of Kentucky can't stand him."....VP JD Vance: "I empathize with Americans who are exhausted after 25 years of foreign entanglements in the Middle difference is that back then we had dumb presidents."....Andrew Sullivan: "A president who lies about everything all the time is singularly incapable of being a war president. People have to trust your word in a war. But Trump's word is toilet paper."....John Oliver on ICE agents: "These are criminal gangs,...bounty hunters making money for each body they manage to kidnap. They have quotas. You are their USA is sick."....WH Communications Director Steven Cheung: "The Nobel Peace Prize is illegitimate if President Trump -- the ultimate peace president -- is denied his rightful recognition of bringing harmony across the world."....Rep. MTG: "America is the greatest country in the world and I fight the nasty 'America Last' Democrats in Washington to keep it that way."....Trump on Democrats: "I hate them. I cannot stand them, because I really believe they hate our country."....Rep. Hakeem Jeffries on House passing Trump's BBB: "One big ugly is a crime scene."....Jonathan Alter: "Might as well tear down the Statue of LIberty and flush Emma Lazarus's poem down the toilet."....Garrison Keillor: "Every morning the news hits us like a baseball bat. How did this crook and clown achieve the White House so he could wage war on science, higher education, the Constitution, regulatory agencies, and the world economy, while redecorating the Oval Office to look like the Golden Nugget in Las Vegas?"....Trump supporter to reporter "We're not stupid. Donald Trump is a genius. That's what the J stands for.".... ........Trump on Jeffrey Epstein: "Somebody that nobody cares about."....Lara Loomer: "How come we can't talk about what a dumb lying bimbo Pam Blondi is?...How many more times is this woman going to get away with F-ing everything up before she is fired?"....Trump on Rosie O'Donnell: "She is a threat to humanity."....O'Donnell in response: "I still live rent-free in that collapsing brain of yours. I'm everything you fear: a loud woman, a queer woman, a mother who tells the truth, an American who got out of the country before you set it ablaze."....Trump on Elon Musk: "50% genius, 50% boy."....Steve Bannon: "Formerly known as Elon Musk, Elmo the not an American, you're a South we take enough time and prove the facts of that, you should be deported because it's a crime what you did -- among many."....Musk: "The fat, drunken slob called Bannon will go back to prison and this time for a long time. He has a lifetime of crime to pay for."....Tucker Carlson: "Why are my cities disgusting? I don't even want to go there. It smells like weed and halal food."....CA Gov. Gavin Newsom: "Kids running from tear gas, crying on the phone because their mother was just taken from the fields. Trump calls me 'Newscum' but he's the real scum."....Jonathan V. Last on Trump: "Reinventing ICE as the primary instrument of internal state power. ICE is more or less a national brute squad."...Ruth Ben-Ghiat on Trump: "Authoritarian leader cult is folding to his will."....CA Governor's press office on Stephen Miller: "This fascist cuck in DC continues his assault on democracy and the the Constitution hurt your feelings, Stephen. Cry harder."....Charlie Kirk on Texas flooding: "The death toll likely would not have been as high if it wasn't for DEI."....Dean Blundell on Trump: "An aging, increasingly incoherent, barely upright man."....Maureen Dowd: "Trump, who plays at being king, is not interested in virtue; only in humiliation, conflict, enrichment and revenge."....Tina Brown: "Out of Trump's ass, his ego, and his flawless media intuition, came: Let's bomb the shit out of Fordo."....John Cleese on Trump administration: "This is why dictatorships fail. Dictators always surround themselves with yes-people who are terrified to acquaint the dictator with reality."....Trump on Sen. Rand Paul: "His ideas are actually crazy (losers!). The people of Kentucky can't stand him."....VP JD Vance: "I empathize with Americans who are exhausted after 25 years of foreign entanglements in the Middle difference is that back then we had dumb presidents."....Andrew Sullivan: "A president who lies about everything all the time is singularly incapable of being a war president. People have to trust your word in a war. But Trump's word is toilet paper."....John Oliver on ICE agents: "These are criminal gangs,...bounty hunters making money for each body they manage to kidnap. They have quotas. You are their USA is sick."....WH Communications Director Steven Cheung: "The Nobel Peace Prize is illegitimate if President Trump -- the ultimate peace president -- is denied his rightful recognition of bringing harmony across the world."....Rep. MTG: "America is the greatest country in the world and I fight the nasty 'America Last' Democrats in Washington to keep it that way."....Trump on Democrats: "I hate them. I cannot stand them, because I really believe they hate our country."....Rep. Hakeem Jeffries on House passing Trump's BBB: "One big ugly is a crime scene."....Jonathan Alter: "Might as well tear down the Statue of LIberty and flush Emma Lazarus's poem down the toilet."....Garrison Keillor: "Every morning the news hits us like a baseball bat. How did this crook and clown achieve the White House so he could wage war on science, higher education, the Constitution, regulatory agencies, and the world economy, while redecorating the Oval Office to look like the Golden Nugget in Las Vegas?"....Trump supporter to reporter "We're not stupid. Donald Trump is a genius. That's what the J stands for."....
