Does Trump have the power to fire Fed Chair Jerome Powell?

April 17, 2025
2,118 Views


IE 11 is not supported. For an optimal experience visit our site on another browser.

  • Shein, Temu, other Chinese exporters to raise prices due to tariffs

    02:30

  • IRS considers revoking Harvard’s tax-exempt status, NYT reports

    01:01

  • RFK Jr. faces backlash after suggesting autism is preventable

    02:32

  • Judge weighs holding Trump admin in contempt over deportations

    02:55

  • Now Playing

    Trump says Jerome Powell’s termination ‘cannot come fast enough’

    02:16

  • UP NEXT

    Stocks tumble following Fed chair’s concerns over economy, tariffs

    02:24

  • China tells its airlines not to buy jets from Boeing in tariff retaliation

    02:28

  • Protesters tased and arrested at Marjorie Taylor Greene town hall

    02:51

  • New details emerge on man suspected of torching PA gov. mansion

    02:10

  • Trump pulls $2B in funding after Harvard rejects his DEI demands

    01:54

  • Trump mulls imprisoning US citizens abroad: ‘Homegrowns are next’

    02:17

  • RFK Jr. looks to reshape US public health despite budget cuts

    04:32

  • Man mistakenly deported remains imprisoned in El Salvador

    00:27

  • Who is winning the tariff war in the Trump administration?

    01:59

  • Trump exempts phones, computers, chips and TVs from new tariffs

    01:37

  • Trump says he’s in ‘very good shape’ after his annual physical

    00:38

  • US, Iran set to begin high-level talks on potential nuclear deal

    01:59

  • China’s President Xi to Trump: ‘There are no winners in a tariff war’

    02:28

  • Michelle Obama slams divorce speculation on podcast episode

    02:12

  • With uncertainty over tariffs, should you do holiday shopping now?

    03:08

After Federal Reserve Chair Jerome Powell acknowledged on Wednesday that there might be an economic downturn due to Trump’s tariffs, the president posted on social media suggesting the chair should be fired — but does he have the authority to do that? NBC’s Brian Cheung joins TODAY with analysis.



Source link

You may be interested

Sneak peek: The Kidnapping of Michelle and Breea Renee
Top Stories
shares3,441 views
Top Stories
shares3,441 views

Sneak peek: The Kidnapping of Michelle and Breea Renee

new admin - Jun 01, 2025

Sneak peek: The Kidnapping of Michelle and Breea Renee - CBS News Watch CBS News ENCORE: A mother is forced…

Poles vote in pivotal presidential election
World
shares3,272 views
World
shares3,272 views

Poles vote in pivotal presidential election

new admin - Jun 01, 2025

WARSAW, Poland — Poles began voting Sunday in a decisive presidential runoff that could set the course for the nation's…

Blue Origin spacecraft carries 6 to edge of space
Top Stories
shares3,329 views
Top Stories
shares3,329 views

Blue Origin spacecraft carries 6 to edge of space

new admin - Jun 01, 2025

Blue Origin spacecraft carries 6 to edge of space - CBS News Watch CBS News A Blue Origin sub-orbital spacecraft…