Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon

Jul 16, 2025 - 09:00
Fed chair on edge: Anna Paulina Luna claims Jerome Powell is going to be fired; White House to announce successor soon

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Join our WhatsApp Community to receive travel deals, free stays, and special offers!
- Join Now -

Amidst Trump administration pressure and speculation, Congresswoman Luna claims Federal Reserve Chair Jerome Powell's dismissal is imminent. Treasury Secretary Bessent confirms the search for a replacement has begun, suggesting Powell should step down entirely after his term. However, JPMorgan Chase CEO Dimon stresses the importance of the Fed's independence, as the White House criticizes Powell's performance and renovation project.

What's Your Reaction?

Like Like 0
Dislike Dislike 0
Love Love 0
Funny Funny 0
Angry Angry 0
Sad Sad 0
Wow Wow 0