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Trump threatens to fire Fed's Powell if he does not step down

Nypost · · 903 words · By Taylor Herzlich; Charles Gasparino
Political Power Struggles Federal Reserve independence
open_in_new Read the original article: https://nypost.com/2026/04/15/business/trump-threatens-to-fire-feds-jerome-powel…

psychologyDetected Techniques

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Name Calling / Labeling 90% confidence
Attaching a negative label to a person or group to reject them without evidence.

fact_checkFact-Check Results

24 claims extracted and verified against multiple sources including cross-references, web search, and Wikipedia.

schedule Pending 14
help Insufficient Evidence 6
check_circle Corroborated 4
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“Trump threatens to fire Fed’s Jerome Powell if he does not step down”
CORROBORATED
Two independent cross-references from Flipboard confirm Trump's threat to fire Powell if he does not resign. Wikipedia corroborates the context of Powell's DOJ investigation, though it does not directly quote the threat.
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wikipedia NEUTRAL — Jerome Hayden "Jay" Powell (born February 4, 1953) is an American central banker and attorney who has been the 16th chair of the Federal Reserve since 2018. He was previously both a lawyer and investm…
https://en.wikipedia.org/wiki/Jerome_Powell
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wikipedia NEUTRAL — Donald John Trump (born June 14, 1946) is an American politician, media personality, and businessman who is the 47th president of the United States. A member of the Republican Party, he served as the …
https://en.wikipedia.org/wiki/Donald_Trump
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wikipedia NEUTRAL — In November 2025, federal prosecutors in Washington, D.C., opened a criminal investigation into Jerome H. Powell, the Chair of the Federal Reserve, concerning the renovation of the Federal Reserve’s h…
https://en.wikipedia.org/wiki/Federal_investigation_into_Jer…
+ 2 more evidence sources
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“President Trump renewed his threats to fire Fed Chair Jerome Powell if he does not step down – adding that he has no intention of ending the government’s criminal investigation into him”
CORROBORATED
Three web search results confirm Trump's renewed threats to fire Powell and his stance on the investigation. One result explicitly states his refusal to end the probe.
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web search NEUTRAL — TheRobert Mueller special counselinvestigationwas acriminalinvestigationintoassociates of 45th U.S.presidentDonaldTrumpand RussianpresidentVladimir Putin regarding Russian interference in the 2016 Uni…
https://en.wikipedia.org/wiki/Mueller_special_counsel_invest…
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web search NEUTRAL — PresidentTrumpthreatened to fire Fed Chair Jerome Powell if he does not step down - adding that he hasnointentionofendingthegovernment'scriminalinvestigationintohim.
https://nypost.com/2026/04/15/business/trump-threatens-to-fi…
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web search NEUTRAL — Trumpthreatened to fire Powell from his separate seat on the U.S. central bank's Board of Governors if he does not vacate that post as well when his Fed chief term ends on May 15, intensifying a ...
https://www.reuters.com/world/us/trump-feds-powell-if-he-doe…
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“Powell has vowed to stay on as 'chairman pro tem' if his successor is not confirmed by May 15”
CORROBORATED
Multiple independent sources (Nypost, web search, and Wikipedia) confirm Powell's pledge to remain as 'chairman pro tem' until May 15 if his successor is not confirmed.
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wikipedia NEUTRAL — The chair of the Board of Governors of the Federal Reserve System is the head of the Federal Reserve, and is the active executive officer of the Board of Governors of the Federal Reserve System. The c…
https://en.wikipedia.org/wiki/Chair_of_the_Federal_Reserve
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wikipedia NEUTRAL — In November 2025, federal prosecutors in Washington, D.C., opened a criminal investigation into Jerome H. Powell, the Chair of the Federal Reserve, concerning the renovation of the Federal Reserve’s h…
https://en.wikipedia.org/wiki/Federal_investigation_into_Jer…
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wikipedia NEUTRAL — Jerome Hayden "Jay" Powell (born February 4, 1953) is an American central banker and attorney who has been the 16th chair of the Federal Reserve since 2018. He was previously both a lawyer and investm…
https://en.wikipedia.org/wiki/Jerome_Powell
+ 4 more evidence sources
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“Sen. Thom Tillis (R-NC) doubled down on his own threat to block any of Trump’s nominees from confirmation until the government drops its investigation into Powell”
CORROBORATED
Web search results and Wikipedia entries confirm Senator Tillis's pledge to block Trump's Fed nominees until the DOJ investigation into Powell concludes.
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wikipedia NEUTRAL — Kevin Maxwell Warsh (born April 13, 1970) is an American financier and bank executive. He served as a member of the Federal Reserve Board of Governors (FRB) from 2006 to 2011. During and in the after…
https://en.wikipedia.org/wiki/Kevin_Warsh
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wikipedia NEUTRAL — Donald Trump, serving as the 45th president of the United States, was impeached for the second time on January 13, 2021, one week before his term expired. On that date, the House of Representatives ad…
https://en.wikipedia.org/wiki/Second_impeachment_of_Donald_T…
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wikipedia NEUTRAL — Donald Trump assumed office as the 47th president of the United States on January 20, 2025. The president has the legal authority to nominate members of his cabinet to the United States Senate for con…
https://en.wikipedia.org/wiki/Second_cabinet_of_Donald_Trump
+ 3 more evidence sources
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“Treasury Secretary Scott Bessent has voiced confidence about Warsh’s prospects”
INSUFFICIENT EVIDENCE
No evidence found in cross-references, web search, or Wikipedia to support the claim about Treasury Secretary Bessent's confidence in Warsh's confirmation.
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“Powell has said he plans to remain on the board at least until the Department of Justice’s investigation into him is over”
INSUFFICIENT EVIDENCE
No evidence found in cross-references, web search, or Wikipedia to confirm Powell's statement about remaining on the Fed board until the DOJ investigation concludes.
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“The DOJ probe has focused on his June 2025 comments to the Senate about an over-budget project to renovate the Fed’s Washington, DC, headquarters”
INSUFFICIENT EVIDENCE
No evidence found in cross-references, web search, or Wikipedia to verify the DOJ probe's focus on Powell's 2025 comments about the Fed headquarters renovation.
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“The renovation project had a $2.5 billion price tag of which was first reported by The Post”
INSUFFICIENT EVIDENCE
No evidence found in cross-references, web search, or Wikipedia to confirm The Post's reporting on the $2.5 billion renovation cost.
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“Even after his time as chair ends, Powell is eligible to serve as a Fed governor through 2028”
INSUFFICIENT EVIDENCE
No evidence found in cross-references, web search, or Wikipedia to verify Powell's eligibility to serve as a Fed governor until 2028.
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“Trump said Wednesday he has no plans to scrap the criminal probe into Powell”
INSUFFICIENT EVIDENCE
No evidence found in cross-references, web search, or Wikipedia to confirm Trump's statement about abandoning the criminal probe into Powell.
schedule
“Jeanine Pirro, the US attorney for the District of Columbia, has pledged to appeal a court decision earlier this month that blocked government subpoenas targeting Powell”
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“Prosecutors from her office showed up unannounced Tuesday at the construction site for the Fed’s headquarters renovation”
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“Fed lawyer Robert Hur referenced court rulings that rejected the legality of two subpoenas targeting Powell”
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“The Senate nomination hearing for Warsh has been expected this week but got pushed back after his financial disclosures were made public”
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“Warsh — who is married to Jane Lauder, an Estee Lauder heiress worth an estimated $1.9 billion — could become the wealthiest Fed chairman in history”
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“Warsh could become the wealthiest Fed chairman in history, with holdings in the range of $131 million to $209 million”
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“Tillis played down concerns about what would happen if Warsh is not confirmed by the scheduled May 15 end of Powell’s term”
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“Warsh served as a Fed governor from 2006 to 2011”
PENDING
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“Warsh pushed for higher rates during his term and is widely viewed as an inflation hawk”
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“Bessent said Monday that the Fed is 'doing the right thing by sitting and watching' how the Iran war plays out before adjusting policy”
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“Warsh’s financial disclosures included $10 million in income from his work at Stanley Druckenmiller’s family office”
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“Warsh also earned $3 million from his role at Stanford University’s Hoover Institution”
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“Warsh pledged to resign from those jobs and exit his board seats at UPS and Coupang, a South Korean retailer, if confirmed”
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“He also vowed to divest roughly 1,800 individual assets mentioned in the filings”
PENDING
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.