Does Trump have a legal right to fire Fed Chair Jerome Powell?

'Kudlow' panelists David Bahnsen and EJ Antoni discuss the possibility of removing Fed Chair Jerome Powell from office. #foxbusiness #usnews

FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the business capital of the world — FBN launched in October 2007 and is one of the leading business networks on television. In 2025 it opened the year posting double-digit advantages across business day, market hours and total day viewers in January. Additionally, the network continued to lead business news programming, with each business day program placing among the top 15 shows, while FBN delivered its highest-rated month since April 2023 with market hours.

[FawazShalan]

One word; Stagflation. Slow growth + inflation + lower employment. That is a CATASTROPHE !! Meanwhile all Fox wants to talk about is how great Trump is.

[Malachor]

Firing the Fed Chairman would cause an instant market crash. But Don is stupid enough to try it.

[roarolsen]

Of course Powell had to comment on Trumpy's tariffs because is the first time in newer history that a president has put his country in such a economical jeopardy.
He would not have done his job if he did not take this into account, should be easy to understand even for all the blind followers.

[christophercorona]

Jerome Powell made some mistakes in 2021 by not raising the rates fast enough which contributed to the high inflation rates. However, during 2020 and 2021 the US was going through COVID which resulted in government lock downs around the world which resulted in global supply chain hits. The US federal government under Trump dumped 2.2 trillion dollars into the economy through the CARES act and Biden dumped 1.9 trillion dollars into the economy through ARPA. The stressed production ability caused by issues with global supply chain in combination with the extra money inside of Americans pockets caused by Biden and Trump fiscal policy resulted in a spending frenzy in 2021. Increased Demand not enough product results in high prices. The inflation was bound to happen. The world was going through a crisis, and we made it okay, because of leaders like Trump and Biden.

So no Jerome Powell should not be fired. He did an excellent job during COVID considering the unprecedented events. Trump should not fire him because it’s illegal and we follow laws, and because the fed is an independent institution that cannot be controlled by the president. Its independence gives the world a reasonable confidence in the American banking system whether you like it or not.

[marcolo]

The Supreme Court strengthened the independence of the Federal Reserve in the 1935 case Humphrey's Executor, which ruled that the removal of officials of independent agencies must be based on statutory reasons established by Congress.

[joe]

You all are insane. It was not political, he simply said the fed isnt reacting until they know what the actual tariffs are going to be. And since Trump has sent 1000 different signals in every direction the last week alone he’s waiting to see what’s actually going to happen. The fact he’s being criticized for not being hyper reactive in one of the most uncertain economic times is ridiculous at best.

[chattingwithshap]

Wrong again. He was providing context about how tariffs are affecting the market.

[bradleyroth]

No Trump should just go to the old age home with Biden. He's lost.

[slowrespond]

Every time I listen to Powell, he says he will not comment on politics. I think he’s stuck to that as much as he possibly can. I’m betting they’re seeing some troubling data and he was just commenting on that and what the possible effects could have been. He did not bash nor praise tariffs from what I saw

[wernerstapela]

vor 8 Minuten
The damage that would be done to the US if Trump fired Powell would be bigly, however, some of that damage has already been done by his public utterances. Does he not understand the concept of "shooting yourself in the foot"?
Irrespective of his opinion of the man, keep it to yourself and discuss your grievances with him one on one, behind closed doors!

[jydie]

Every time I tried manifesting money, it felt like I was faking it. Nothing changed. Then I read The Hidden Codex of the Financial Alchemists and it finally made sense—it’s not about forcing, it’s about aligning. I made a few subtle shifts, stayed consistent, and suddenly my side hustle took off like never before. This book is legit coded in gold.

[thornvig]

I Think Powell should quit! Let the US go down the drain with Trump.

[charles]

Yeah, who appointed that guy... oh wait

[gregsteve]

And you may ask yourself, "Am I right, am I wrong?"
And you may say to yourself, "My God, what have I done?"

[firstedition]

Trump needs to be studying the constitution

[eli]

Republicans like Powell
Maga does not

[infinitetrading]

There is not precedent but he should dissolve the federal reserve bank! Free the country.

[GMP]

If your truly uneducated you think he can be fired..
Its seperate

[KungPowEnterFist]

"The Fed will cut 3, 4, 5 times this year." Yup, been hearing that since early 2022, and guys like this have been flat out wrong while the Fed was 100% right to hike and keep it there.

[Judge]

The FED, led by Powell, has been way, WAY too deliberate and dependent upon rear-looking data to effectively manage the effects of the COVID period. Objectively, he has not done the best work one could reasonably have expected. That being said, any President DOES NOT have license to remove the administratively independent Fed Chairman, without cause.