Missouri Judge Dismisses Lawsuit Challenging Starbucks’ Diversity and Inclusion Policies 
U.S.-India Trade Framework Signals Major Shift in Tariffs, Energy, and Supply Chains 
Why Trump’s new pick for Fed chair hit gold and silver markets – for good reasons 
Ohio Man Indicted for Alleged Threat Against Vice President JD Vance, Faces Additional Federal Charges 
South Korea Assures U.S. on Trade Deal Commitments Amid Tariff Concerns 
ECB’s Cipollone Backs Digital Euro as Europe Pushes for Payment System Independence 
Trump Says “Very Good Talks” Underway on Russia-Ukraine War as Peace Efforts Continue 
RBA Raises Interest Rates by 25 Basis Points as Inflation Pressures Persist 
RBI Holds Repo Rate at 5.25% as India’s Growth Outlook Strengthens After U.S. Trade Deal 
Japan Election 2026: Sanae Takaichi Poised for Landslide Win Despite Record Snowfall 
TrumpRx.gov Highlights GLP-1 Drug Discounts but Offers Limited Savings for Most Americans 
Federal Reserve Faces Subpoena Delay Amid Investigation Into Chair Jerome Powell 
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target 
BOJ Rate Decision in Focus as Yen Weakness and Inflation Shape Market Outlook 
South Africa Eyes ECB Repo Lines as Inflation Eases and Rate Cuts Loom 
U.S. President Donald Trump stated in a recent interview that he would welcome Federal Reserve Chair Jerome Powell’s resignation, though he acknowledged removing him could rattle financial markets. The remarks aired Wednesday on the Real America’s Voice network, further intensifying Trump’s public criticism of Powell.
Trump has ramped up pressure on Powell over what he calls a delayed response in cutting interest rates. He also joined other Republicans in criticizing a $2.5 billion renovation of the Federal Reserve’s historic Washington headquarters, citing excessive costs. The criticism has fueled speculation that Trump’s team may be exploring the renovation budget as a legal pathway to remove Powell before his term ends in May 2026.
“I’d love if he wants to resign — that would be up to him,” Trump said, while admitting that dismissing Powell could disrupt markets. He doubled down on his critique of the Fed’s renovation spending during the interview.
Despite the pressure, Powell has remained firm. A Federal Reserve spokesperson reiterated that Powell has no intention of resigning and would not do so if asked. Powell, first nominated by Trump in 2017 and reappointed by President Joe Biden in 2021, has consistently stated his commitment to serve his full term, which ends May 15, 2026.
There is no evidence of fraud tied to the renovation project. The Fed has defended its handling of the construction, emphasizing transparency and compliance with oversight standards.
Trump also said earlier Wednesday that he has no current plans to fire Powell, a move that legal experts say would be difficult without cause. Still, his repeated attacks suggest tensions between the White House and the central bank are far from over.
