1. United States
  2. Mass.
  3. Letter

Trump Has No Power to Fire the Fed Chair, Protect Our Economy

To: Rep. Auchincloss, Sen. Markey, Sen. Warren

From: A constituent in Newton, MA

April 20

President Trump has now repeatedly indicated he is seriously considering firing the Chairman of the Federal Reserve Jerome Powell, the head of a central bank board intentionally designed to be independent of the White House, for pointing out the damage of his tariffs and refusing to follow his every command. Every member of Congress needs to make it clear to the President, both publicly and privately, that they will fight him if he attempts to do so. And they need to have a plan of action ready to go immediately if Trump tries to terminate Powell in spite of their warnings. The President is not a king. Not every official and every law is supposed to be subject to his every whim. There are supposed to be limits on his power, and firing the chair of the Federal Reserve would obliterate those limits, in addition to breaking the law. Further, we are already headed for a recession because Donald Trump is purposefully raising prices with his tariffs. Just threatening to fire Powell caused the markets to panic. If Trump goes through with it, he is going to pile a financial crisis on top of the disaster he already created. Please do your job and stop it.

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