Trump Blasts WSJ Over Powell Firing Rumors

During a Sunday Truth Social post, President Trump slammed a Wall Street Journal report, calling it “typically untruthful”

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The WSJ claimed Treasury Secretary Scott Bessent privately warned against firing Fed Chair Powell due to legal, political & market risks

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Bessent reportedly noted that firing Powell before May 2026 could trigger a lawsuit lasting until the end of his term

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Trump dismissed the WSJ’s warnings, asserting he knows what’s “good for the Market … and the U.S.A”

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Trump is also planning a broader Fed transition—appointing successors like Kevin Hassett when vacancies emerge in 2026

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