President Donald Trump said Thursday that the removal of Federal Reserve Chair Jerome Powell “can’t come fast enough,” according to MarketWatch. The comment raises speculation about whether he intends to replace Powell at the end of his term or pursue an unprecedented firing. Powell has said such a firing would be illegal. The Fed chair declined to stimulate the slowing economy, warning that tariffs could cause sustained inflation rather than a temporary price spike. Bets increased on Polymarket that Trump will remove Jerome Powell this year ticked up.
