---
title: Trump says he won't fire Fed's Powell but 'may have to force something' on rates
description: Trump said he won’t fire Fed Chair Jerome Powell but hinted he may have to force something to push for lower interest rates.
image: https://www.meritstreetmedia.com/hubfs/2025-05-29T182848Z_1287044511_RC2TREA2UCT5_RTRMADP_3_USA-FED-TRUMP.jpg
---

# Trump says he won't fire Fed's Powell but 'may have to force something' on rates

[![Picture of Merit Street Media](https://www.meritstreetmedia.com/hubfs/Merit%20logo.png) Merit Street Media ](https://www.meritstreetmedia.com/news/author/merit-street-media-1) |  Jun 13, 2025

![Trump says he won't fire Fed's Powell but 'may have to force something' on rates](https://www.meritstreetmedia.com/hubfs/2025-05-29T182848Z_1287044511_RC2TREA2UCT5_RTRMADP_3_USA-FED-TRUMP.jpg)

WASHINGTON - U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he "may have to force something" as part of his ongoing push for the central bank to lower rates.

"Raise your rates. You don't have to keep them up here. If it's going to go up, I'm okay with you raising--but it's down, and we're going out to financing, and I may have to force something," he said at the White House.

Trump last week had said that a decision on the next Fed chair would come very soon.

Speaking at the White House on Thursday, Trump slammed the Fed chair over the lack of rate cuts, calling him a numbskull but adding: "I'm not going to fire him."

Trump also said he was unhappy about rising oil prices.

*Copyright Reuters*

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