House lawmakers have agreed with President Donald Trump that Federal Reserve Chair Jerome Powell should be fired, sources told Fox News.

Trump asked a group of House Republicans during a meeting if he should remove Powell from his position, Fox News has confirmed. One source told Fox News that Trump would make the personnel move "soon."

<div><picture><source media="(max-width: 767px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/343/192/jerome-powell.gif?ve=1&amp;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/686/384/jerome-powell.gif?ve=1&amp;tl=1 2x"> <source media="(min-width: 768px) and (max-width: 1023px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/672/378/jerome-powell.gif?ve=1&amp;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/1344/756/jerome-powell.gif?ve=1&amp;tl=1 2x"> <source media="(min-width: 1024px) and (max-width: 1279px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/931/523/jerome-powell.gif?ve=1&amp;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/1862/1046/jerome-powell.gif?ve=1&amp;tl=1 2x"> <source media="(min-width: 1280px)" srcset="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/720/405/jerome-powell.gif?ve=1&amp;tl=1, https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/1440/810/jerome-powell.gif?ve=1&amp;tl=1 2x"> <img src="https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2025/06/931/523/jerome-powell.gif?ve=1&amp;tl=1" alt="Fed chair Jerome Powell" width="100%" height="auto"></picture></div> <div><p><span>Federal Reserve Board Chairman Jerome Powell holds a news conference following a Federal Open Market Committee meeting on June 18, 2025 in Washington, D.C.</span><span> (Win McNamee/Getty Images / Getty Images)</span></p></div>

<i>This is a developing story. Please check back for updates.</i>

President Donald Trump asked House Republican lawmakers during a meeting if Federal Reserve Chair Jerome Powell should be fired, sources told Fox News.{ai:summary}<p>House lawmakers reportedly support President Trump’s desire to fire Federal Reserve Chair Jerome Powell. During a meeting, Trump inquired whether he should proceed with the removal, with sources indicating that a decision could come soon. </p><p>The situation remains fluid, with further updates anticipated. #politics</p>

Trump asks House Republicans if he should fire Fed Chair Jerome Powell, sources say

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