{"id":60868,"date":"2026-04-17T13:10:53","date_gmt":"2026-04-17T13:10:53","guid":{"rendered":"https:\/\/sasquatchnewsonline.com\/?p=60868"},"modified":"2026-04-17T13:10:53","modified_gmt":"2026-04-17T13:10:53","slug":"jerome-powell-now-considering-move-to-spite-trump-report","status":"publish","type":"post","link":"https:\/\/sasquatchnewsonline.com\/?p=60868","title":{"rendered":"Jerome Powell Now Considering Move to Spite Trump: Report"},"content":{"rendered":"

\"Federal<\/p>\n

In the ongoing feud between President Donald Trump and Federal Reserve Chair Jerome Powell, it\u2019s not the president who appears ready to fire off the latest salvo.<\/p>\n

Rather, it appears Powell is planning a move against the man who has long been tied to<\/a> his potential ouster, per Politico<\/a>.<\/p>\n

The liberal outlet reported that Powell may now look to stick around at the Fed even after his chairmanship expires.<\/p>\n

\n
<\/div>\n<\/div>\n

Powell is now \u201cfar more open\u201d to staying after his chairmanship expires, potentially in a governorship role, Politico reported.<\/p>\n

Of note, Powell\u2019s board term doesn\u2019t end until 2028, while his chair term ends on May 15 \u2014 potentially setting up another two years of feuding with Trump.<\/p>\n

The core issue at hand is Powell\u2019s general refusal to have the central bank lower interest rates, which Trump and his administration have been asking for<\/a>, and consider key to boosting the economy.<\/p>\n

While it has mostly been a war of words, things appeared to escalate when the Department of Justice opened up an investigation<\/a> into Powell about his alleged misuse of building renovation funds.<\/p>\n

As reported by ABC News<\/a> in January, the Justice Department formally opened up a criminal investigation into Powell, which the chair confirmed in a statement<\/a>.<\/p>\n

Powell confirmed that \u201cthe Department of Justice served the Federal Reserve with grand jury subpoenas, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June. That testimony concerned in part a multi-year project to renovate historic Federal Reserve office buildings.\u201d<\/p>\n

He continued, \u201cI have deep respect for the rule of law and for accountability in our democracy. No one \u2014 certainly not the chair of the Federal Reserve \u2014 is above the law. But this unprecedented action should be seen in the broader context of the administration\u2019s threats and ongoing pressure.\u201d<\/p>\n

\u201cThis new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. It is not about Congress\u2019s oversight role; the Fed through testimony and other public disclosures made every effort to keep Congress informed about the renovation project. Those are pretexts,\u201d he continued.<\/p>\n

\u201cThe threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.\u201d<\/p>\n

Politico\u2019s report made clear that Powell is bristling against this heat, prompting his sudden consideration of adopting a governor role after his chairmanship expires.<\/p>\n

Powell apparently took particular umbrage at the president\u2019s latest threat to fire him \u2014 if he doesn\u2019t step down on May 15 \u2014 which occurred during a Wednesday Fox News interview:<\/p>\n

\n

\"\ud83d\udea8\" HOLY CRAP! President Trump is FIRING Fed Chair Jerome Powell if he refuses to step down in time for Kevin Warsh<\/p>\n

FOX: You\u2019re not gonna drop the probe?<\/p>\n

TRUMP: \u201cI have to find out.\u201d<\/p>\n

FOX: He said he\u2019s not leaving.<\/p>\n

TRUMP: \u201cThen I\u2019ll HAVE TO FIRE HIM! OK? If he\u2019s not leaving on\u2026 pic.twitter.com\/0spB8NYaj4<\/a><\/p>\n

\u2014 Eric Daugherty (@EricLDaugh) April 15, 2026<\/a><\/p>\n<\/blockquote>\n

But while Powell may be considering staying out of spite toward Trump, the president\u2019s top choice to replace the current chair apparently has widespread Republican support in the Senate.<\/p>\n

Kevin Warsh, a staunch critic<\/a> of Powell, was announced in January as Trump\u2019s pick to take the chairmanship.<\/p>\n

This article appeared originally on The Western Journal<\/a>.<\/p>\n

\n
<\/div>\n<\/div>\n

The post Jerome Powell Now Considering Move to Spite Trump: Report<\/a> appeared first on The Gateway Pundit<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

In the ongoing feud between President Donald Trump and Federal Reserve Chair Jerome Powell, it\u2019s not the president<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1],"tags":[],"class_list":["post-60868","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"\nJerome Powell Now Considering Move to Spite Trump: Report - Sasquatch News Online<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/sasquatchnewsonline.com\/?p=60868\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Jerome Powell Now Considering Move to Spite Trump: Report - 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