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How Trump’s repeated efforts to fire Federal Reserve Chair Powell harm the economy – and make battling inflation harder

  • Written by Ana Carolina Garriga, Professor or Political Science, Department of Government, University of Essex
How Trump’s repeated efforts to fire Federal Reserve Chair Powell harm the economy – and make battling inflation harderPresident Donald Trump has repeatedly threatened to fire Fed Chair Jerome Powell. AP Photo/Julia Demaree Nikhinson

President Donald Trump has again threatened to oust Federal Reserve Chair Jerome Powell, putting at risk a keystone of good economic policy and inflation management: central bank independence.

The president said on April 15, 2026, that...

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