Who is Jerome Powell? The Federal Reserve Chair Trump wants to fire [Yahoo! Finance]
The Carlyle Group Inc. (CG)
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Source: Yahoo! Finance
Powell says Trump cannot legally fire him before his term ends in May 2026. President Donald Trump hasn't been shy voicing his frustrations with Federal Reserve Chair Jerome Powell. While Trump nominated Powell for the position in 2017, the president has recently accused the Fed leader of "playing politics," being "always TOO LATE AND WRONG," and playing into Europe's hands by not lowering interest rates. Trump has publicly suggested that he could fire Powell , though Powell has said that isn't legal. Here's everything to know about Powell's background, financial stances, and the legal questions around whether Trump can fire him. Powell, 72, has been a member of the Fed's board of governors since 2012, when President Barack Obama nominated him to fill an unexpired term. He was reappointed in 2014 to complete a 14-year term ending in 2028. He was nominated to his first four-year term as the Fed's chair in 2018 by Trump, and to his second term by Biden in 2022. Trump strayed
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CG
Earnings
- 8/5/25 - In-Line
CG
Sec Filings
- 12/12/25 - Form 4
- 12/10/25 - Form 144
- 12/5/25 - Form 8-K
- CG's page on the SEC website