Jerome Powell actually said...

It is not permitted under the law for the president to fire or demote him or any of the other Fed governors with leadership positions.

Powell asserts legal protections against presidential dismissal from the Fed.

03/24/2025

More Jerome Powell Quotes

The authority to shut down an institution or hold a hearing about it I believe is triggered by a criminal conviction.

It is fundamental in this country that everyone is equal before the law.

The incentives to deal seriously with compliance are large in the wake of these latest events.

I have grown increasingly concerned about our ever more unsustainable fiscal position.