Market
What will be the outcome of Trump's relationship with Powell by end of 2025?
2
Resolution / Starting Odds
No change in relationship • 25%
Public criticism by Trump • 25%
Powell steps down • 25%
Other • 25%
Statements and actions reported in credible news outlets
Story
Trump Won't Replace Fed Chair Powell Despite Past Criticisms
Dec 8, 2024, 04:56 PM
President-elect Donald Trump said he has no plans to replace Federal Reserve Chair Jerome Powell, whom he appointed in 2018, once he assumes office, indicating that Powell will serve out his term, which expires in May 2026. In an interview with NBC's 'Meet the Press', Trump stated, 'No. I don't think so. I don't see it.' when asked if he would try to remove Powell from his position. He added, 'I think if I told him to, he would. But if I asked him to, he probably wouldn't.' This marks a notable shift from Trump's previous criticisms of Powell over interest rates during his first term and his suggestion that the president should have a say in rates. Powell has previously stated that the president cannot legally replace him and that he would not step down if asked, but might if told.
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Similar markets
Negative relationship • 25%
Positive relationship • 25%
Neutral relationship • 25%
No significant interaction • 25%
Removed by Trump • 25%
Other • 25%
Completes term • 25%
Resigns voluntarily • 25%
Meeting with no significant agreements • 25%
Meeting results in conflict escalation • 25%
Meeting with significant agreements • 25%
No meeting takes place • 25%
Successful peace agreement • 25%
Increased tensions • 25%
Stalemate with no agreement • 25%
Other outcome • 25%
Increased tensions • 25%
Successful ceasefire agreement • 25%
Ongoing negotiations with no agreement • 25%
No significant change • 25%
Other • 25%
No significant change • 25%
Strengthened diplomatic ties • 25%
Increased sanctions • 25%