President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican lawmakers he would likely be nixing the Fed chair soon.

Trump Fired Off A Sexist Trope At A Faith Luncheon. It Shows He’s An ‘Unhappy Man,’ Expert Says. President Donald Trump fired off a sexist trope about women when he rambled on and on about his so-called Big Beautiful Bill during a faith luncheon at the White House earlier in July.

Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.

President Trump asked Republican lawmakers how they felt about firing Fed Chairman Jerome Powell and they expressed approval for the firing, people familiar with the discussion said.

The news was first reported by Bloomberg, citing sources familiar with the matter, which said Trump discussed the plan with GOP lawmakers in Congress on Tuesday.

Trump backs off threat to fire Fed Chair Powell as stock market surges. 10h. ... “The press runs away with things. I have no intention of firing him,” Trump told reporters at the White House.