Trump news at a glance: president renews threats against federal reserve chair, pushes his replacement
Quick Insights
The Bottom Line
President Trump renewed threats against Federal Reserve Chair Jerome Powell and pushed his replacement.
AI Summary
President Donald Trump renewed threats against Federal Reserve Chair Jerome Powell, stating he would fire Powell if he remains past his May 15 tenure end. Trump also doubled down on a criminal investigation into Powell regarding renovations at the Fed's headquarters. This comes as the White House pushes for Kevin Warsh to be Trump's new nominee to lead the Federal Reserve. Powell has one month left in his role, but the possibility of him staying on has grown due to Senate scrutiny of Trump's approach to the Fed, as the Senate must approve Warsh's nomination.
What's Being Done
The Justice Department continues a criminal investigation into Powell over renovations at the Fed's headquarters.
Source Coverage Map
10 of 43 tracked sources covered this story
Following this story?
Get notified when new coverage appears
Other Sources Covering This Story
5 sourcesMultiple outlets have reported on this story. Compare perspectives from different sources.
This article is part of a story we're tracking:
Trump's Influence on US Politics and Foreign Policy
Former President Donald Trump continues to exert significant influence on US politics, from taunting foreign leaders and shaping primary elections to making controversial statements on immigration and foreign policy, including his stance on the ongoing Iran conflict.
Economy & Markets
Monitoring the US and global economy including inflation, employment, Federal Reserve policy, trade tensions, market volatility, housing affordability, and the financial pressures facing American households.
Should this be getting more attention?
You Might Have Missed
Related stories from different sources and perspectives
FinanceCleveland Federal Reserve President: Interest rates on hold ‘for a good while’
The Cleveland Federal Reserve President on Wednesday predicted that interest rates may stay where they’re at for a “good while” as economists debate the best response to the impact of tariffs and the war in Iran. “My baseline is that we’re going to remain on hold for a good while, but I do think that…
PoliticsSenate Democrats move to stall Trump’s ‘absurd’ bid to install new Fed chair
<p>Democratic lawmakers urged Republican leaders to postpone the confirmation hearing of Kevin Warsh</p><ul><li><p><a href="https://www.theguardian.com/news/2026/feb/17/sign-up-for-the-breaking-news-us-email-to-get-newsletter-alerts-direct-to-your-inbox?utm_medium=ACQUISITIONS_STANDFIRST&utm_campaign=BN22326&utm_content=signup&utm_term=standfirst&utm_source=GUARDIAN_WEB">Sign up for the Breaking News US email to get newsletter alerts in your inbox</a></p></li></ul><p><a href="https://www.theguardian.com/us-news/democrats">Democrats</a> have moved to stall <a href="https://www.theguardian.com/us-news/donaldtrump">Donald Trump</a>’s effort to exert greater control over the US <a href="https://www.theguardian.com/business/federal-reserve">Federal Reserve</a>, condemning the president’s “absurd” bid to install a new leader of the central bank while it is targeted with criminal investigations.</p><p>Democratic lawmakers on the Senate banking committee urged its Republican...
PoliticsTrump's DOJ targets Jan. 6 convictions, broadens Fed construction site probe
President Trump's Department of Justice is making headlines. This week, it is releasing a report accusing the Biden administration of weaponizing the agency, moving to wipe out the convictions of Jan. 6 ringleaders and making a surprise visit to a Federal Reserve construction site as part of its ongoing probe into Jerome Powell. Ali Rogin reports on the DOJ's legal and political maneuvering.
PoliticsWATCH: President Trump speaks to reporters
President Trump answered questions from reporters after he was asked about posting a now-deleted AI-generated image that depicted him as a Jesus-like figure.
PoliticsFederal agency approves concept for Trump’s plan for a Triumphal Arch in Washington - AP News
<a href="https://news.google.com/rss/articles/CBMisAFBVV95cUxNeDNuWU9Gd2VNWlRSb1pDVEdtajN4V0dUYzZlUElIT1JCeVAxZUpPWjFCaHk1bEdzY2VKOFd2c09fbERVaHNkLXdXUFRYcUZpenFpNVQ0eW5fWk5fWEU4MHhQRmhFWTVGSm1CWXRKQjlyNUU4NDhXVklBbXJYVi1uajNIRk1XZ2tZT2FCQ3R4aEs3aVZBeV9HWmdmcmhXejN3NUh5MTV4Mm13UFNGWmVlXw?oc=5" target="_blank">Trump’s plan to build a Triumphal Arch gets a hearing before a key federal agency</a> <font color="#6f6f6f">AP News</font>
Government TransparencyWho owns presidential records? Trump's Justice Department says it's him
The Trump administration asserts a nearly 50-year-old law requiring the preservation of presidential records is unconstitutional. Historians warn important papers could be destroyed.
Trump labor secretary Lori Chavez-DeRemer resigns amid misconduct investigation - The Guardian
Did this story change how you see things?
Stories like this only matter when people see them. Help us get verified journalism in front of more eyes.
The Verity Ledger curates verified investigative journalism from trusted sources only.
See our sourcesMost Read This Week
Report: Merck’s blockbuster cancer drug topped $200,000 a year under Trump
One in three Americans forced to make financial sacrifices for health coverage
Airline mega-merger story is all about Trump
Pope blasts ‘tyrants’ ravaging the Earth during his visit to Cameroon - AP News
Justice Jackson chides Supreme Court conservatives over 'oblivious' pro-Trump emergency orders - AP News
