On July 16, Trump changed his tune, saying he had no plans to fire Federal Reserve Chairman Powell, and said, "Things will change in the next eight months, and I will appoint someone who performs well. Many people want to be the chairman of the Federal Reserve, and we will consider appointing Hassett, director of the White House National Economic Council, to a relevant position at the Federal Reserve. I am only interested in 'low interest rate people' serving as chairman of the Federal Reserve." (Golden Ten) [BlockBeats]

Trump Backtracks, Says He Has No Plans to Fire Federal Reserve Chairman Powell

According to Jinshi, citing the New York Times, US President Trump has drafted a letter to fire Federal Reserve Chairman Powell. [ChainCatcher]

New York Times: Trump has drafted a letter to fire Federal Reserve Chairman Powell

On July 16, according to a New York Times report cited by Jinshi, US President Trump has drafted a letter to fire Federal Reserve Chairman Powell. [PANews]

New York Times: Trump has drafted a letter to fire Fed Chairman Powell

On July 16, according to a Jinshi Data report citing The New York Times, U.S. President Trump has drafted a letter to fire Federal Reserve Chairman Powell. [Shenchao TechFlow]

New York Times: US President Trump has drafted a letter to fire Federal Reserve Chairman Powell

According to Jinshi Data, White House officials said Trump may soon fire Powell. [Foresight News]

White House officials say Trump may soon fire Powell

According to Jinshi, a White House official said that US President Trump may soon fire Federal Reserve Chairman Powell, and there is no exact timetable for the decision. [ChainCatcher]

White House official: Trump may soon fire Federal Reserve Chairman Powell

On July 16, according to Jinshi Data, U.S. White House officials said that U.S. President Trump may soon dismiss Federal Reserve Chairman Powell, and there is no definite timetable for the decision. [Shenchao TechFlow]

On July 16, U.S. White House officials: U.S. President Trump may soon fire Federal Reserve Chairman Powell, and there is no definite timetable for the decision. (Golden Ten) [BlockBeats]

White House Official: Trump May Soon Fire Federal Reserve Chairman Powell

On July 16, U.S. White House officials stated that U.S. President Trump may soon dismiss Federal Reserve Chairman Powell, and there is no definite timetable for the decision. (Golden Ten) [BlockBeats]

On July 16, according to Jinshi, White House officials said that US President Trump may soon fire Federal Reserve Chairman Powell, and there is no definite timetable for the decision. [PANews]

White House official: Trump may soon fire Fed Chairman Powell

A White House official said that U.S. President Trump may soon fire Federal Reserve Chairman Powell. There is no exact timetable for the decision. Trump discussed with lawmakers on Tuesday whether to remove Powell from office. (Golden Ten) [Odaily Planet Daily]

According to Jinshi, citing a CBS report, multiple direct sources revealed that Trump asked a group of House Republicans on Tuesday whether he should fire Federal Reserve Chairman Powell, and those present agreed. Several people said that Trump hinted that he would do so. There is no legal precedent for a president firing the Federal Reserve Chairman—federal law stipulates that the Federal Reserve Chairman can only be fired for "just cause." This move could have serious negative consequences for the financial markets. Government sources told CBS that Trump has mentioned the possibility of firing Powell for "just cause" in public and private remarks, but the White House has not yet formally established a legal basis. Firing Powell could immediately trigger legal challenges. The U.S. Supreme Court recently suggested that they do not believe Trump has the power to do so. The justices ruled in May that Trump could fire members of independent federal agencies, including the National Labor Relations Board, but said the ruling would not necessarily apply to the Federal Reserve because it is a "uniquely structured quasi-private entity." [ChainCatcher]

Sources say Trump hinted he would take action to fire Powell

According to multiple people directly familiar with the matter, Trump asked a group of House Republicans on Tuesday whether he should fire Federal Reserve Chairman Powell, and those present agreed. Several people said that Trump hinted that he would do so. There is no legal precedent for a president firing the Federal Reserve Chairman—federal law stipulates that the Federal Reserve Chairman can only be fired for "just cause." This move could have serious negative consequences for the financial markets. Government sources told CBS that Trump has mentioned the possibility of firing Powell for "just cause" in public and private remarks, but the White House has not formally established a legal basis. U.S. Representative Anna Paulina Luna of Florida (one of the Republicans who voted against advancing the cryptocurrency bill) posted on Tuesday evening local time: "Hearing that Powell is about to be fired! Source is very reliable." In a later post, she wrote: "I am 99% sure the firing is about to happen." (Golden Ten) [Odaily Planet Daily News]

Trump asked lawmakers whether he should fire Powell, sources say he hinted he would act

On July 16, according to Jinshi Data, citing a report from CBS, multiple people with direct knowledge revealed that Trump asked a group of House Republicans on Tuesday whether he should fire Federal Reserve Chairman Powell, and those present agreed. Several people said that Trump hinted that he would do so. There is no legal precedent for a president to fire the chairman of the Federal Reserve - federal law stipulates that the chairman of the Federal Reserve can only be fired for "just cause." This move could have serious negative consequences for the financial markets. Government sources told CBS that Trump has mentioned the possibility of firing Powell for "just cause" in public and private remarks, but the White House has not formally established a legal basis. Firing Powell could immediately trigger legal challenges. The U.S. Supreme Court recently suggested that they do not believe Trump has the power to do so. The justices ruled in May that Trump could fire members of independent federal agencies, including the National Labor Relations Board, but said the ruling did not necessarily apply to the Federal Reserve because it is a "uniquely structured quasi-private entity." [TechFlow]

On July 16 (UTC+8), multiple direct sources revealed that Trump asked a group of House Republicans on Tuesday whether he should fire Federal Reserve Chairman Powell, and those present agreed. Several people indicated that Trump implied he would do so. There is no legal precedent for a president firing the Federal Reserve Chairman—federal law stipulates that the Federal Reserve Chairman can only be fired for "just cause." This move could have serious negative consequences for financial markets. Government sources told CBS that Trump has mentioned the possibility of firing Powell for "just cause" in public and private remarks, but the White House has not formally established a legal basis. U.S. Representative Anna Paulina Luna of Florida (one of the Republicans who voted against advancing the cryptocurrency bill) posted on Tuesday evening local time: "Hearing Powell is about to be fired! Source is very reliable." In a subsequent post, she wrote: "I'm 99% sure the firing is about to happen." [MetaEra]

Trump Asked Aides If He Should Fire Powell, Hinted He Would Act, Sources Say

On July 16, according to a CBS report, multiple people with direct knowledge of the matter revealed that Trump asked a group of House Republicans on Tuesday whether he should fire Federal Reserve Chairman Powell, and those present agreed. Several sources said that Trump has hinted at taking action. There is no legal precedent for a president to fire the Federal Reserve Chairman—federal law stipulates that the Federal Reserve Chairman can only be dismissed for "just cause." This move could have serious negative impacts on financial markets. Government sources told CBS that Trump has mentioned the possibility of firing Powell for "just cause" in public and private remarks, but the White House has not formally established a legal basis. [BlockBeats]

Trump Asked Aides About Firing Powell, Signaling Action, People Said

News, July 16th, according to CBS News, multiple direct sources revealed that on Tuesday, Trump asked a group of House Republicans whether he should fire Fed Chair Powell, with those present expressing support. Several sources indicated that Trump has hinted at taking action. At the legal level, there is no precedent for a president to fire the Fed Chair—federal law stipulates that the Fed Chair can only be removed for "cause." This action could have a serious negative impact on the financial markets. Government insiders told CBS News that Trump has mentioned the possibility of firing Powell for "cause" in both public and private remarks, but the White House has not yet established a formal legal basis. [BlockBeats]

Trump Asked Lawmaker Whether He Should Fire Powell, Source Says Action Hinted

On July 16, according to CBS, multiple people with direct knowledge of the matter revealed that Trump asked a group of House Republicans on Tuesday whether he should fire Federal Reserve Chairman Powell, and those present agreed. Multiple sources said that Trump has hinted at taking action. There is no legal precedent for a president firing the Federal Reserve Chairman—federal law stipulates that the Federal Reserve Chairman can only be fired for "just cause." This move could have serious negative impacts on financial markets. Government sources told CBS that Trump has mentioned the possibility of firing Powell for "just cause" in public and private remarks, but the White House has not yet formally established a legal basis. [BlockBeats]

Trump Asked Lawmakers About Firing Powell, Sources Say Hinting at Action

US President Donald Trump has backed down from the idea of dismissing Fed Chair Jerome Powell. Trump called Powell "doing a terrible job," pointing to eight months after her term expires and adding, "We'll make a change then." According to US media reports, Trump recently asked Republican members of Congress during a closed-door meeting whether they should consider firing Powell. Some in the room suggested Trump was serious about the matter and might take action. However, according to constitutional authority, a president does not have the authority to directly fire a Fed Chair. Trump continued his harsh criticism of Powell. "She's always too late, that's why I nicknamed her 'Too Late,'" Trump said, accusing Powell of making interest rate cut decisions to benefit Democrats politically. It was noted that Powell was first appointed to the position by Trump in 2017, and Trump expressed his surprise, saying, "I was surprised she was appointed." However, Trump directed his main criticism at President Joe Biden, arguing that Powell should not be reappointed for a second term. *This is not investment advice.

BREAKING: Donald Trump Puts an End to Allegations That He Will Fire FED Chairman Jerome Powell

US President Donald Trump plans to fire Fed Chair Jerome Powell soon, according to a senior White House official. It was also learned that Trump brought up this possibility in his meeting with Republican members of Congress last night. While the majority of lawmakers attending the meeting supported this move, the official noted that Trump hasn't made a final decision yet and could change his mind. Trump, who has long been critical of Powell over the Fed's decision to keep interest rates steady, has reportedly launched a search for a replacement. Powell's term would normally run until May 2026. This development, first reported by CBS News, came to the fore during a meeting with Republican lawmakers opposed to the cryptocurrency bill. Florida Representative Anna Paulina Luna posted on social media, "I'm hearing from a very serious source that Jerome Powell will be fired!" In a follow-up message, she added, "I'm 99% certain impeachment is imminent." Trump also harshly criticized the rapidly escalating renovations at the Fed's Washington headquarters. He told reporters, "This is a disgrace. This is a government building, not a palace." He continued his criticism of Powell, saying, "She's a complete soulless person, but I didn't know she was so eager to live in luxury." Powell, for her part, stated that media reports about the amendment were "inaccurate" and requested an investigation by the Fed's inspector general earlier this week. She also cited the Fed Act in a statement in April, saying, "The president does not have the authority to remove the Fed chair. Legally, we can only remove them for serious cause." However, Trump's dismissal of Powell would not only trigger sharp market volatility but also rekindle debate about the limits of presidential power over independent institutions in the US. According to Jim Bianco, President of Bianco Research, such a development could trigger a sell-off in the bond market and a sharp rise in interest rates. "The yield surge that followed the interest rate cuts at the end of last year is an example of how markets react to the wrong message," Bianco said. "The same thing could happen again." *This is not investment advice. [CBS News]

BREAKING NEWS: Republican Insider Source Reveals – Trump Will Probably Fire Fed Chairman Jerome Powell: “99 Percent Sure”

US President Donald Trump asked whether he should fire Fed Chair Jerome Powell during a private meeting with Republican House members at the White House last night. Many in the room supported the idea, according to people with direct knowledge of the meeting. Some attendees said Trump gave the clear impression he would do it. Trump's statement came just after House Republicans blocked a vote that would have advanced cryptocurrency legislation. While the fate of the bill, which the president championed, remains uncertain, his comments about Powell have heightened political tensions in Washington. Federal law states that a Fed chair can only be removed for "good cause." However, the legal basis for such a step has never been tested. President Trump's dismissal of Powell in this manner could cause significant volatility in global financial markets. Administration sources confirmed to CBS News that Trump has raised the possibility both privately and publicly, but the White House has not yet initiated any formal legal action. Trump has escalated his criticism of Powell in recent weeks. He called Powell "Mr. Too Late," whom he believes isn't cutting interest rates quickly enough, and he spoke even harsher to reporters yesterday: "I think he's awful. Talking to him isn't like talking to a thing, it's like talking to a chair. He has no personality whatsoever." Trump also targeted the multibillion-dollar renovation project at the Federal Reserve's Washington headquarters. Some White House officials allege mismanagement of the project, which they are trying to use as justification for Powell's dismissal. Powell denies these allegations. *This is not investment advice.

New Reports That Donald Trump May Fire Fed Chairman Jerome Powell – They Held a Meeting Yesterday

7月16日，Trump改变了态度，表示他没有计划解雇Federal Reserve主席Powell，并说：“未来八个月内情况会发生变化，我会任命一位表现出色的人。许多人都想成为Federal Reserve主席，我们会考虑任命White House National Economic Council主任Hassett担任Federal Reserve的相关职位。我只对那些支持‘低利率’的人担任Federal Reserve主席感兴趣。”（Golden Ten） [BlockBeats]

Trump改变立场，表示他没有计划解雇美联储主席Powell

7月16日，Trump改變了態度，表示他沒有計劃解僱Federal Reserve主席Powell，並說：“未來八個月內情況會發生變化，我會任命一位表現出色的人。許多人都想成爲Federal Reserve主席，我們會考慮任命White House National Economic Council主任Hassett擔任Federal Reserve的相關職位。我只對那些支持‘低利率’的人擔任Federal Reserve主席感興趣。”（Golden Ten） [BlockBeats]