On April 18, U.S. President Donald Trump said on Thursday that he believed Fed Chairman Jerome Powell would leave if he was asked to resign, although Powell himself had said that he would not leave even if the president asked him to do so. Trump told reporters that he was not happy with Powell, saying he acted too late. Powell has repeatedly said that he intends to expire the remaining term of his chairmanship, which expires in May 2026, and he has also said that he will refuse to leave his post if Trump asks for it.
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Trump said he believed Powell would leave his job at his request
On April 18, U.S. President Donald Trump said on Thursday that he believed Fed Chairman Jerome Powell would leave if he was asked to resign, although Powell himself had said that he would not leave even if the president asked him to do so. Trump told reporters that he was not happy with Powell, saying he acted too late. Powell has repeatedly said that he intends to expire the remaining term of his chairmanship, which expires in May 2026, and he has also said that he will refuse to leave his post if Trump asks for it.