EUR/USD in focus as Trump urges Powell to resign, asks AG to review Fed report
US President Donald Trump has called on Jerome Powell to resign from the Federal Reserve Board in a Truth Social post published on September 30, 2026. Trump cited alleged mismanagement and cost overruns in the renovation of the Federal Reserve headquarters. The key development is his statement that he has asked the attorney general to review the report and determine what action to take. This escalates political pressure on the Fed from public criticism toward possible legal review, which raises questions about central bank independence. The source reports no price move, pip figures or technical levels for the US dollar or any currency pair. For traders, the main takeaway is increased US political risk around the Federal Reserve. Dollar pairs such as EUR/USD may be sensitive to any follow-up from the attorney general's office or further statements from the White House or the Fed.
Related Symbols:
EURUSD
This is a summary of the original article by Forexlive. To read the complete article, please visit the source website:
Read Full Article at ForexliveNews data provided by Finnhub. ForexSentiment.live provides this summary as a convenience with proper attribution to the original source. The full article is available at the original publisher's website.
