A firing of Jerome Powell by President Trump would likely open up a legal war never before seen in the US, without any guarantee of a courtroom victory for the White House. That may be why Trump hasn’t done so.

President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican

President Donald Trump said he would consider National Economic Council Director Kevin Hassett to replace Jerome Powell as chair of the Federal Reserve. Hassett said he believes the Fed should remain independent but wouldn’t comment on if he would take the job if it was offered to him.

President Donald Trump said Tuesday he had “no intention of firing” Federal Reserve Chair Jerome Powell. The message is a stark change from just a day earlier, when Trump called Powell a ...

The former president has previously claimed he can fire Powell, but legal experts aren't quite so sure. For the moment, Trump appears more focused on his legal problems as some in his orbit remain ...

But it has clearly been on Trump's mind. The Wall Street Journal reported at one point that Trump had discussed firing Powell and replacing him with Kevin Warsh, who served as a Fed governor ...

Still, that hasn’t stopped Trump from trying to fire the Fed chair. “I don’t think he’s doing the job,” the President said Thursday, claiming that Powell cut interest rates “too late.”