If President Donald Trump takes the unprecedented step of trying to fire Fed Chairman Jerome Powell, the effort would roil markets and likely be met with pushback in the courts. Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Powell defends Fed renovation amid Trump

President Donald Trump has intensified his criticism of Federal Reserve Chairman Jerome Powell, aiming to replace him with someone who will lower interest rates.

Florida Republican Alleges Perjury as Costly Federal Reserve Project Draws Scrutiny and Trump's Criticism Florida Congresswoman Anna Paulina Luna announced Thursday on X that she is officially referring Federal Reserve Chairman Jerome Powell to the Department of Justice (DOJ) for an investigation into alleged perjury.