{"id":2591787,"date":"2026-04-16T21:38:01","date_gmt":"2026-04-17T01:38:01","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jerome-powell-now-considering-move-to-spite-trump-report\/"},"modified":"2026-04-16T21:40:29","modified_gmt":"2026-04-17T01:40:29","slug":"jerome-powell-now-considering-move-to-spite-trump-report","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/jerome-powell-now-considering-move-to-spite-trump-report\/","title":{"rendered":"Jerome Powell Now Considering Move to Spite Trump: Report"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjerome-powell-now-considering-move-to-spite-trump-report%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2591787&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>The piece details a political standoff between President Trump and Federal Reserve Chair Jerome Powell over Powell\u2019s tenure and the Fed\u2019s policy path. Key points:<\/p>\n<p>&#8211; Powell is reportedly more open to staying on after his chair term ends,potentially in a governor role,even though his <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/powell-to-face-press-for-first-time-since-open-defiance-of-trump\/\" title=\"Powell to face press for first time since ... defiance of ...\">board term runs<\/a> through 2028 and his chairmanship ends May 15,which could extend the feud with Trump for years.<\/p>\n<p>&#8211; Trump has publicly threatened to fire Powell if he does not step down by May 15, and has signaled that his preferred replacement-Kevin warsh-has strong Republican support in the Senate.<\/p>\n<p>&#8211; Powell\u2019s central stance has been to resist calls to <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/how-to-stop-inflation-from-hurting-americas-working-and-middle-class\/\" title=\"How To Stop Inflation From Hurting America\u2019s Working And Middle Class\">lower interest rates<\/a>, a position Trump and his allies say is needed to boost the economy.<\/p>\n<p>&#8211; The Department of Justice has opened a criminal examination into Powell regarding alleged misuse of renovation funds for Federal Reserve buildings.Powell confirmed subpoenas and framed the issue within a broader context of accountability and the rule of law.<\/p>\n<p>&#8211; Politico reports Powell\u2019s reluctance to be pushed out could lead him to consider a governorship after his chair term ends, amid ongoing pressure from Trump.<\/p>\n<p>&#8211; Warsh, a longtime critic of Powell, was named by trump as his pick to chair the Fed, and he has notable support among Republicans in the Senate.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section> \t\t\t\t<script>console.log(\"ad slot (AC1)\")<\/script><script>console.log(\"ad slot (IC1)\")<\/script><script>console.log(\"ad slot (IC2)\")<\/script><script>console.log(\"ad slot (IC3)\")<\/script><script>console.log(\"ad slot (IC4)\")<\/script><\/p>\n<p>In the ongoing feud between President Donald Trump and Federal Reserve Chair Jerome Powell, it&rsquo;s not the president who appears ready to fire off the latest salvo.<\/p>\n<p>Rather, it appears Powell is planning a move against the man who has <a href=\"https:\/\/www.westernjournal.com\/trump-responds-reports-fire-federal-reserve-chair-jerome-powell\/\" target=\"_blank\" rel=\"noopener\">long been tied to<\/a> his potential ouster, per <a href=\"https:\/\/www.politico.com\/news\/magazine\/2026\/04\/16\/trump-powell-federal-reserve-warsh-sabotage-00875030\" target=\"_blank\" rel=\"noopener\">Politico<\/a>.<\/p>\n<p>The liberal outlet reported that Powell may now look to stick around at the Fed even after his chairmanship expires.<\/p>\n<p>Powell is now &ldquo;far more open&rdquo; to staying after his chairmanship expires, potentially in a governorship role, Politico reported.<\/p>\n<p>Of note, Powell&rsquo;s board term doesn&rsquo;t end until 2028, while his chair term ends on May 15 &mdash; potentially setting up another two years of feuding with Trump.<\/p>\n<p> <script type=\"text\/javascript\"> \t\t\tif ( getCookie( \"ff_subbed\" ) ) { \t\t\t\tdocument.getElementById(\"anyclipvideo\").remove() \t\t\t} else { \t\t\t\tdocument.addEventListener(\"DOMContentLoaded\", function() { \t\t\t\t\tfunction loadAnyclip() { \t\t\t\t\t\tconst container=document.getElementById(\"anyclipvideo\"); \t\t\t\t\t\tif (!container) return;  \t\t\t\t\t\tconst script=document.createElement(\"script\"); \t\t\t\t\t\tscript.src=\"https:\/\/player.anyclip.com\/anyclip-widget\/lre-widget\/prod\/v1\/src\/lre.js\"; \t\t\t\t\t\tscript.setAttribute(\"pubname\", \"westernjournalcom\"); \t\t\t\t\t\tscript.setAttribute(\"widgetname\", \"001w000001jULVcAAO_M12924\");  \t\t\t\t\t\t\/\/ append inside the container so player shows in correct spot \t\t\t\t\t\tcontainer.appendChild(script); \t\t\t\t\t} \t\t\t\t\tfunction findPreviousParagraph(selector, x) { \t\t\t\t\t\tconst targetElement=document.querySelector(selector); \t\t\t\t\t\tif (!targetElement) { \t\t\t\t\t\t\tconsole.warn(\"Target element not found.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\t\/\/ Get all <\/p>\n<p> elements in order as they appear in the document \t\t\t\t\t\tlet paragraphs=Array.from(document.querySelectorAll(\"p\"));  \t\t\t\t\t\t\/\/ Find the index of the last <\/p>\n<p> before the target element \t\t\t\t\t\tlet targetIndex=paragraphs.findIndex(p=> p.compareDocumentPosition(targetElement) & Node.DOCUMENT_POSITION_PRECEDING);  \t\t\t\t\t\tif (targetIndex===-1 || targetIndex <x) { \t\t\t\t\t\t\tconsole.warn(\"Not enough paragraphs before the target element.\"); \t\t\t\t\t\t\treturn null; \t\t\t\t\t\t}  \t\t\t\t\t\treturn paragraphs[targetIndex - x]; \t\t\t\t\t}  \t\t\t\t\t\/\/ Set up IntersectionObserver \t\t\t\t\tfunction observeElement(element) { \t\t\t\t\t\tif (!element) return;  \t\t\t\t\t\tconst observer=new IntersectionObserver( \t\t\t\t\t\t\t(entries)=> { \t\t\t\t\t\t\t\tentries.forEach(entry=> { \t\t\t\t\t\t\t\t\tif (entry.isIntersecting) { \t\t\t\t\t\t\t\t\t\tconsole.log(\"Paragraph is now visible:\", entry.target.textContent.trim()); \t\t\t\t\t\t\t\t\t\tloadAnyclip(); \t\t\t\t\t\t\t\t\t\tobserver.disconnect(); \t\t\t\t\t\t\t\t\t} \t\t\t\t\t\t\t\t}); \t\t\t\t\t\t\t}, \t\t\t\t\t\t\t{ threshold: 0.5 } \/\/ Adjust threshold as needed \t\t\t\t\t\t);  \t\t\t\t\t\tobserver.observe(element); \t\t\t\t\t}  \t\t\t\t\t\/\/ Find the 1st paragraph before #anyclipvideo and observe it \t\t\t\t\tlet paragraphToObserve=findPreviousParagraph(\"#anyclipvideo\", 2); \t\t\t\t\tobserveElement(paragraphToObserve); \t\t\t\t}); \t\t\t} \t\t<\/script> <\/p>\n<p>The core issue at hand is Powell&rsquo;s general refusal to have the <a href=\"https:\/\/amzn.to\/3YuVZYV\" >central bank lower interest rates<\/a>, which Trump and his administration <a href=\"https:\/\/www.westernjournal.com\/trump-demands-action-jerome-powell-wholesale-inflation-report-stuns-economists\/\" target=\"_blank\" rel=\"noopener\">have been asking for<\/a>, and consider key to boosting the economy.<\/p>\n<p>While it has mostly been a war of words, things appeared to escalate when the Department of Justice opened up an <a href=\"https:\/\/www.westernjournal.com\/federal-reserve-chair-jerome-powell-criminal-investigation\/\" target=\"_blank\" rel=\"noopener\">investigation<\/a> into Powell about his alleged misuse of building renovation funds.<\/p>\n<p>As reported by <a href=\"https:\/\/abcnews.com\/Politics\/doj-launches-criminal-investigation-fed-chair-jerome-powell\/story?id=129114228\" target=\"_blank\" rel=\"noopener\">ABC News<\/a> in January, the Justice Department formally opened up a criminal investigation into Powell, which the chair confirmed in a <a href=\"https:\/\/www.federalreserve.gov\/newsevents\/speech\/powell20260111a.htm\" target=\"_blank\" rel=\"noopener\">statement<\/a>.<\/p>\n<p>Powell confirmed that &ldquo;the Department of Justice served the Federal Reserve with <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/georgia-prosecutor-probing-attempts-to-influence-2020-election\/\" title=\"Georgia Prosecutor Probing Attempts to Influence 2020 Election\">grand jury subpoenas<\/a>, threatening a criminal indictment related to my testimony before the Senate Banking Committee last June. That testimony concerned in part a <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/youre-not-american-thats-offensive-youre-a-u-s-citizen-stanford-u-declares\/\" title=\"You\u2019re Not \u2018American.\u2019 That\u2019s Offensive. You\u2019re A \u2018U.S. Citizen,\u2019 Stanford U Declares\">multi-year project<\/a> to renovate historic Federal Reserve office buildings.&rdquo;<\/p>\n<p>He continued, &ldquo;I have deep respect for the rule of law and for accountability in our democracy. No one &mdash; certainly not the chair of the Federal Reserve &mdash; is above the law. But this unprecedented action should be seen in the broader context of the administration&rsquo;s threats and ongoing pressure.&rdquo;<\/p>\n<p>&ldquo;This new threat is not about my testimony last June or about the renovation of the Federal Reserve buildings. It is not about Congress&rsquo;s oversight role; the Fed through testimony and other public disclosures made every effort to keep Congress informed about the renovation project. Those are pretexts,&rdquo; he continued.<\/p>\n<p>&ldquo;The threat of criminal charges is a consequence of the Federal Reserve setting interest rates based on our best assessment of what will serve the public, rather than following the preferences of the President.&rdquo;<\/p>\n<p>Politico&rsquo;s report made clear that Powell is bristling against this heat, prompting his sudden consideration of adopting a governor role after his chairmanship expires.<\/p>\n<p>Powell apparently took particular umbrage at the president&rsquo;s latest threat to fire him &mdash; if he doesn&rsquo;t step down on May 15 &mdash; which occurred during a Wednesday Fox News interview:<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">&#128680; HOLY CRAP! President Trump is FIRING Fed Chair Jerome Powell if he refuses to step down in time for Kevin Warsh<\/p>\n<p>FOX: You&rsquo;re not gonna drop the probe?<\/p>\n<p>TRUMP: &ldquo;I have to find out.&rdquo;<\/p>\n<p>FOX: He said he&rsquo;s not leaving.<\/p>\n<p>TRUMP: &ldquo;Then I&rsquo;ll HAVE TO FIRE HIM! OK? If he&rsquo;s not leaving on&hellip; <a href=\"https:\/\/t.co\/0spB8NYaj4\">pic.twitter.com\/0spB8NYaj4<\/a><\/p>\n<p>&mdash; Eric Daugherty (@EricLDaugh) <a href=\"https:\/\/twitter.com\/EricLDaugh\/status\/2044380656524804303?\">April 15, 2026<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>But while Powell may be considering staying out of spite toward Trump, the president&rsquo;s top choice to replace the current chair apparently has widespread Republican support in the Senate.<\/p>\n<p>Kevin Warsh, a <a href=\"https:\/\/www.westernjournal.com\/breaking-trump-selects-prominent-federal-reserve-critic-replace-jerome-powell-chair\/\" target=\"_blank\" rel=\"noopener\">staunch critic<\/a> of Powell, was announced in January as Trump&rsquo;s pick to take the chairmanship.<\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! 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Instead, Politico reports Powell may be plotting to resist removal by staying on at the Fed even after his chair term ends. The outlet says Powell is now \u201cfar more open\u201d to remaining at the Fed beyond his chairmanship, possibly taking a governor role later. Powell\u2019s term on the Fed\u2019s board runs through 2028, while his chair term ends May 15, which could mean another couple of years of public feuding with Trump.<\/p>\n<p>The central dispute centers on Powell\u2019s reluctance to cut interest rates, which Trump and his administration want in order to boost the economy. The tension spilled into the open after the Department of Justice opened a criminal investigation into Powell over alleged misuse of funds for renovating Federal Reserve office buildings. Powell confirmed that grand jury subpoenas had been served and emphasized that no one at the Fed is above the law, while arguing that the action should be viewed in the broader context of political pressure. He said the threat of criminal charges stems from the Fed setting rates based on its best public-spirited assessment, not to satisfy the President\u2019s preferences.<\/p>\n<p>Politico\u2019s reporting indicates Powell is pushing back against the heat, which has led him to consider a governor role after his chairmanship ends. He reportedly took offense at Trump\u2019s latest threat to fire him if he doesn\u2019t step down by May 15, a threat that surfaced during a Fox News interview. Meanwhile, Trump\u2019s top pick to replace Powell, Kevin Warsh, reportedly enjoys wide Republican support in the Senate<\/p>\n","protected":false},"author":1,"featured_media":2591788,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/04\/Ben-Working-Feature-Image-2026-04-16T205234.026.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[32663,34342,3634,38981],"class_list":["post-2591787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-federal-reserve","tag-jerome-powell","tag-trump","tag-us-economy"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/04\/Ben-Working-Feature-Image-2026-04-16T205234.026.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2591787","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2591787"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2591787\/revisions"}],"predecessor-version":[{"id":2591791,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2591787\/revisions\/2591791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2591788"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2591787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2591787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2591787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}