Firing Jerome Powell, the chair of the Federal Reserve, has long been on President Donald Trump’s wish list. Despite nominating Powell to run the country’s central bank in his first term, Trump might be gearing up to fire Powell at any moment.
Ousting Powell could add to an already precarious economic situation, fueled in part by Trump’s large cuts to the federal workforce and threat of tariffs against major trading partners.
Today on “Post Reports,” host Colby Itkowitz sits down with reporter Andrew Ackerman, who covers the Federal Reserve, financial regulation and consumer financial protection for The Post.
Today’s episode was produced by Tadeo Ruiz Sandoval and edited by Reena Flores. It was mixed by Sean Carter. Thanks to Jen Liberto.