Fed chair on edge Anna Paulina Luna claims Jerome Powell is going to be fired White House to announce successor soon
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Amidst Trump administration pressure and speculation Congresswoman Luna claims Federal Reserve Chair Jerome Powells dismissal is imminent Treasury Secretary Bessent confirms the search for a replacement has begun suggesting Powell should step down entirely after his term However JPMorgan Chase CEO Dimon stresses the importance of the Feds independence as the White House criticizes Powells performance and renovation project
