World
Can Donald Trump fire Jerome Powell, US Federal Reserve chair?
President Donald Trump is sending mixed messages about whether he will fire Federal Reserve Chair Jerome Powell.
Trump said on July 16 he is “not planning on doing anything” when asked if he would fire Powell. However, he also said he doesn’t “rule out anything” and mentioned a renovation project with ballooning costs.
“I think it’s highly unlikely unless he has to leave for fraud,” Trump said. “And it’s possible there’s fraud involved with the $2.5, $2.7 billion renovation. This is a renovation, how do you spend $2.7 billion? And he didn’t have proper clearance.”
The Federal Reserve has been undergoing building renovations since 2021 on a project that the board that controls the Fed first approved in 2017. The project’s cost of $2.5bn is about $600m above the original budget, according to The Associated Press.
The cost has increased because of design changes, increasing labour and material costs and “unforeseen conditions”, such as “more asbestos than anticipated”, the Fed said in an FAQ.
But Trump’s administration seems to be using the renovation as a possible reason to oust Powell. Russ Vought, director of the Office of Management and Budget, sent Powell a July 10 letter saying the project is “out of compliance with the approved plan” and “in violation of” the National Capital Planning Act, which outlines how agencies can make changes to federal buildings.
Trump’s feud with Powell isn’t new. For months, the president has criticised Powell, whom he appointed to the role in 2017, for refusing to drop interest rates. The Fed raised interest rates in 2022 and 2023 during former President Joe Biden’s administration as a response to inflation.
Since Trump entered the White House in January, he has told Powell to resign and threatened to fire him.
“If I want him out, he’ll be out of there real fast, believe me,” Trump said in April. “I’m not happy with him.”
In November, after the 2024 election, reporters asked Powell if he would step down or whether he thought Trump had the authority to fire him.
“Not permitted under the law,” Powell said.
Trump spoke to a group of Republican lawmakers on July 15 about firing the chair, several news organisations reported. Trump showed lawmakers a draft letter firing Powell, The New York Times reported.
Trump denied having written a letter.
“No, I talked about the concept of firing him. I said, ‘What do you think?’ Almost every one of them said I should,” Trump said. “But I’m more conservative than they are.”
While Trump attributed his reticence to fire Powell to his “conservatism”, the bigger impediment is a question of legality. Here’s why.
What is the role of the Federal Reserve; who appoints its chair?
The Federal Reserve is the country’s central bank. Its responsibilities include setting interest rates and supervising and regulating banks. It was created in 1913 as part of the Federal Reserve Act and is run by an independent board of governors. The seven governors that make up the board are nominated by the president and confirmed by the Senate. The president selects the chair and two vice chairs from among the seven, according to the Congressional Research Service.
While talking to reporters, Trump appeared to overlook that he was the person who nominated Powell to be the chair in 2017: “I’m surprised he was appointed,” Trump said. “I was surprised, frankly, that Biden put him in and extended him.”
In 2021, Biden nominated him for a second four-year term, which is set to end in May 2026. After that, Powell can remain on the board of governors until January 2028.
Can the president fire the Federal Reserve chair?
Unlike other government agencies, the Fed has a lot of independence from Congress and the White House, the Congressional Research Service said in a January report.
According to the report, economists have justified the independence, saying that decisions about monetary policy shouldn’t be influenced by political pressures. To ensure Fed accountability, the chair testifies before Congress, much like other government agencies.
The Fed chair can be removed “for cause by the President”, according to the law. This refers to “inefficiency, neglect of duty, or malfeasance in office”, according to a Supreme Court decision about the Federal Trade Commission.
In May, the Supreme Court ruled on Trump’s authority to fire members of two different independent agencies. In its 6-3 ruling, the Court granted the Trump administration’s emergency request to fire the heads of the agencies while the case over the legality of firing them played out in the courts.
In its opinion, the Supreme Court addressed the Fed, saying its ruling didn’t affect the agency.
“The Federal Reserve is a uniquely structured, quasi-private entity that follows in the distinct historical tradition of the First and Second Banks of the United States,” the Supreme Court said.
Some legal experts question the legality of Trump firing Powell. Any move to oust him would likely end up in the courts.
Peter Conti-Brown, a professor of financial regulation at the University of Pennsylvania, said the Fed’s building renovation costs aren’t “cause” for Powell’s dismissal.
“There is no factual basis to support any conclusion that the cost overruns on the renovation project constitute anything like fraud or gross negligence,” Conti-Brown said. “Had Powell committed fraud, in this context or any other, there could well be a case for his removal.”
Conti-Brown said that Trump has long talked about wanting Powell’s removal. A court may consider Trump citing the renovation’s budget as “pretext” for his firing – a legal term used to describe a false reason an employer gives for firing an employee in order to cover the real reason, Conti-Brown said.
“Courts evaluating any attempted removal after the fact will assess both the animus and pretext very heavily against President Trump,” Conti-Brown said.
However, it is unclear how courts would react because “this is uncharted legal territory”, Jeremy Kress, a former Fed banking regulator who is a faculty director of the University of Michigan’s Center on Finance, Law and Policy, told The New York Times.
Lev Menand, a legal scholar at Columbia University, agreed with Kress.
“In normal times, I would say Powell wins 10 times out of 10,” Menand told The New York Times. “But these aren’t normal times, because this court has shown that it is willing to look the other way when the president engages in illegal conduct and it is willing to construe the president’s power under the Constitution as so broad as to allow the president to flout laws.”
World
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World
Archaeologists uncover rare fresco of Jesus in town Pope Leo XIV recently visited
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Archaeologists in Turkey have discovered a fresco of a Roman-looking Jesus as the “Good Shepherd,” which is being hailed as one of the most important finds from Anatolia’s early Christian era.
The work of art was found in August in an underground tomb near the town of Iznik, where the Nicene Creed, a foundational statement of Christian belief, was adopted in A.D. 325. The tomb itself is believed to date back to the third century, when the area was still under the Roman Empire and Christians faced persecution.
POPE LEO XIV OPENS FIRST FOREIGN TRIP IN TURKEY WITH A VISIT TO CHRISTIANITY’S EARLY HEARTLANDS
Archaeologists clean and restore frescoes inside a 3rd-century tomb where a rare early Christian depiction of Jesus as the “Good Shepherd” was discovered, in Iznik, Turkey, Friday, Dec. 12, 2025. (Khalil Hamra/AP Photo)
The fresco shows a youthful, clean-shaven Jesus dressed in a toga and carrying a goat on his shoulders, according to The Associated Press, which was the first international media organization given access to the tomb. The outlet noted that researchers say the fresco represents one of the rare instances in Anatolia in which Jesus is portrayed with Roman attributes.
The lead archaeologist on the project believes the artwork could be the “only example of its kind in Anatolia,” the AP reported.
A fresco depicting Jesus as the “Good Shepherd” adorns the wall of a 3rd-century tomb in Hisardere, where archaeologists uncovered one of Anatolia’s best-preserved early Christian artworks, in Iznik, Turkey, Friday, Dec. 12, 2025. (Khalil Hamra/AP Phto)
POPE LEO XIV CALLS FOR ‘DIVINE GIFT OF PEACE’ IN MAIDEN VISIT TO MIDDLE EAST
Pope Leo XIV recently visited the town as part of his first overseas trip since taking the helm of the Vatican. While in Iznik, Pope Leo XIV marked the 1,700th anniversary of the Council of Nicaea, which set forth the Nicene Creed that millions of Christians still read today.
Turkish President Recep Tayyip Erdogan (L) welcomes Pope Leo XIV (R) with an official welcoming ceremony at the Presidential Complex in Ankara, Turkiye, on Nov. 27, 2025. (Utku Ucrak/Anadolu via Getty Images)
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Turkish President Recep Tayyip Erdoğan presented a tile painting of the “Good Shepherd” discovery to the pope, according to the AP.
While in Turkey, Pope Leo XIV was joined by Eastern and Western patriarchs and priests as they prayed that Christians would one day be united once again. They prayed together over the site where the council produced the Nicene Creed. The men recited the creed, which the pope said was “of fundamental importance in the journey that Christians are making toward full communion,” according to the AP.
The Associated Press contributed to this report.
World
Three years on, former MEP Kaili remains in limbo still awaiting trial
The detention of former EU foreign policy chief Federica Mogherini earlier this month in a fraud investigation in Belgium has raised fresh questions about why suspects in the European Parliament’s corruption scandal still have not faced trial, three years after arrests that shocked Brussels.
Mogherini, who led the EU’s diplomatic service from 2014 to 2019 and then served as rector of the prestigious College of Europe, was questioned alongside two others on suspicion of alleged procurement fraud, corruption and conflict of interest related to an EU-funded diplomatic training programme.
The Italian top diplomat, who was eventually released pending charges, has since resigned from her post at the College of Europe.
Meanwhile, the protracted European Parliament corruption scandal investigation, which began with raids across Brussels on 9 December 2022, has moved at a glacial pace.
Greek MEP Eva Kaili became the face of the scandal when Belgian police revealed it had discovered €150,000 in cash — purportedly in large bags — at her Brussels residence during the raids.
Since then, Kaili has spent the intervening years in a legal purgatory, or what some have since dubbed “Belgiangate”.
Brussels rocked by Parliament sting
Authorities said they discovered a total of €1.5 million in cash during the 2022 sting, including €600,000 at the home of former Italian MEP Antonio Panzeri and the money found at the Brussels residence of Kaili, who was also serving as one of 14 vice presidents of the European Parliament at the time.
Kaili’s father Alexandros was apprehended at the Sofitel hotel at Place Jourdan with a suitcase containing “several hundred thousand euros,” according to authorities.
A special police team accompanied by investigating judge Michel Claise then raided Kaili’s home that evening, arresting her in front of her two-year-old daughter.
Stripped of her parliamentary immunity, Kaili spent four months in pre-trial detention followed by house arrest with an electronic bracelet until May 2023, all while maintaining her innocence in what prosecutors allege was a scheme by three non-EU countries to buy influence in the European Parliament.
She remains charged with participation in a criminal organisation, corruption and money laundering.
The 47-year-old former MEP has consistently denied all charges. Her partner Francesco Giorgi, a parliamentary assistant and former aide to Panzeri, admitted accepting bribes but alleged Kaili was not directly involved in the corruption scheme. He is the father of Kaili’s daughter.
Byzantine court drama
The case centres on allegations that Qatar, Morocco and Mauritania sought to influence European Parliament decisions through bribes paid to MEPs and staff. Authorities say the scheme aimed to kill off parliamentary resolutions condemning Qatar’s human rights record and secure visa liberalisation for Qatari citizens. Both Qatar and Morocco deny the allegations.
Panzeri struck a deal with prosecutors in January 2023 to become a cooperating witness in exchange for a reduced sentence. Under the agreement, he committed to revealing “the identity of the persons he admits to having bribed.”
Defence lawyers have challenged Panzeri’s credibility and the methods used to secure his confession.
The case took another hit after Claise, the investigating judge who ordered Kaili’s arrest, was forced to recuse himself in June 2023 after it emerged his son was a business partner of Belgian MEP Marie Arena’s son — Arena herself later charged in the scandal.
Defence lawyers claim Claise knew about these connections and should have recused himself earlier, and that he protected Arena by delaying her indictment.
Marie Arena was charged only in January with participation in a criminal organisation but not with corruption or money laundering. Police found €280,000 in cash at her son’s home, according to Belgian media reports.
Another significant development came in September 2024 when a Brussels judge ordered Committee R, an independent body overseeing Belgian intelligence, to review the legality of “specific and exceptional methods” used by Belgian secret service VSSE in the investigation.
“It’s a very important and extraordinary decision that the appeal court made,” Kaili’s lawyer Sven Mary told Euronews at the time, adding that the finding could open a “new Pandora’s box” about the role Belgian intelligence played.
The Committee had issued an opinion in January confirming that the VSSE acted within the law. However, defence lawyers pointed out that Belgium’s penal code was not amended to criminalise foreign interference until April 2024 — a year and a half after the raids. At the time of the original investigation, only military espionage qualified as a prosecutable offence of interference.
Kaili has also challenged other parts of the investigation, arguing that Belgian authorities subjected her to “medieval” conditions during detention.
Her lawyers claimed she was held in solitary confinement for three days in January 2023 without adequate blankets, with lights on continuously, which they described as “torture”. Belgian prosecutors disputed these claims.
Case known as Belgiangate?
The procedural challenges facing the investigation are substantial. Defence lawyers have questioned the case on multiple fronts, including how Kaili’s immunity was lifted, the role of Belgian intelligence services, and the credibility of key witness Antonio Panzeri.
A crucial dispute centres on whether investigators artificially created a flagrant delicto situation. When Kaili’s father was arrested carrying a suitcase of cash on 9 December 2022, Judge Claise used this to justify an immediate search of Kaili’s home.
Defence lawyers argue immunity can only be lifted when someone is caught in the act, and that investigators manufactured these conditions specifically to bypass her parliamentary protections.
Questions about Panzeri’s reliability intensified after Giorgi secretly recorded an investigator saying, “Panzeri is lying.”
The recording, revealed by Belgian outlet La Libre, is said to have captured the investigator repeatedly questioning the credibility of the man Belgian authorities consider the scheme’s mastermind.
Prosecutors want the recording excluded, citing “unclear” circumstances. Defence lawyers insist it proves Panzeri’s cooperation agreement was granted too hastily and should have required court approval.
In September 2024, Kaili and Giorgi filed a defamation complaint against Panzeri with prosecutors in Milan.
In July of this year, Kaili won a legal victory when the EU’s General Court ruled that the European Parliament had wrongly denied her access to documents about her alleged mismanagement of parliamentary assistant allowances, part of an EPPO claim.
All still in limbo
The case has expanded significantly since the initial arrests. In March, prosecutors requested that parliamentary immunity be waived for Italian S&D MEPs Elisabetta Gualmini and Alessandra Moretti.
In total, at least 10 people now face charges, including former MEPs Panzeri, Cozzolino and Marc Tarabella, as well as lobbyist Niccolò Figà-Talamanca and Luca Visentini, general secretary of the International Trade Union Confederation.
The Brussels Chamber of Indictment only began reviewing the legality of the investigation this week, with hearings involving more than 20 parties to the case.
Kaili, who did not seek re-election in 2024, now lives in Italy and Greece, where authorities froze her assets shortly after her arrest, while it remains unlikely a trial will begin before late 2026 at the earliest.
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