US President Donald Trump has consistently criticised Powell for failing to lower interest rates and has often raised the prospect of removing him, while acknowledging that such a move is 'unlikely'

Treasury Secretary Scott Bessent offered support for Jerome Powell amid regular attacks from Trump administration officials, saying he sees no reason for the Federal Reserve chair to step down. “There’s nothing that tells me that he should step down right now,

Mike Lee, a Utah MAGA loyalist, posted and then deleted a tweet celebrating Powell’s supposed resignation on Tuesday with a copy of the fake letter

HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.