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

By Ana Carolina Garriga, Professor or Political Science, Department of Government, University of Essex
Cristina Bodea, Professor of Political Science, Michigan State University

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 he would fire Powell if the Fed chair stayed on in that…

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