Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval. Several sources said Mr. Trump indicated he will do it. Mr. Trump on Wednesday confirmed to reporters in the Oval Office that he spoke to lawmakers about ousting Powell.

President Trump hinted at possibly firing Federal Reserve Chair Jerome Powell over disagreements on interest rates and alleged mismanagement of a Fed renovation project. Despite private discussions leaning towards removal,

Mr Trump has repeatedly and publicly demanded the Fed cut interest rates to spur economic growth. Mr Powell has so far declined, noting that the president’s controversial rollout of tariffs has clouded the outlook for inflation.

Trump indicated that Powell’s handling of an extensive renovation project on two Fed buildings could be grounds to fire him.

U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell but stated he is not planning to fire him. The possibility of Powell's dismissal arose, causing market volatility. Trump suggests Powell hasn't lowered interest rates enough while defending Fed independence,

Here's how President Trump may go about removing Fed Chair Jerome Powell and what it could mean for the economy.

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.

Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month. The remarks come amid a public pressure campaign from President Donald Trump, who has repeatedly urged Powell to slash interest rates.

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.