Thu Jul 17 06:10:00 UTC 2025: Okay, here’s a news article summarizing the text provided:
**Trump Floats Firing Fed Chair Powell, Seeks Republican Input**
**Washington D.C. -** Former President Donald Trump reportedly showed off a draft letter firing Federal Reserve Chair Jerome Powell to a group of House Republicans during a meeting in the Oval Office on Tuesday night. According to sources briefed on the meeting, Trump polled the lawmakers on whether he should dismiss Powell, suggesting he was inclined to do so.
The meeting, which was primarily focused on concerns regarding crypto legislation, was used by Trump to express his long-standing disapproval of Powell, whom he himself appointed as Fed Chair in 2017.
Speaking on Wednesday, Trump confirmed he had discussed the possibility of firing Powell with the House members, stating, “I talked about the concept of firing him. I said, ‘what do you think?’ Almost everyone of them said I should… but I’m more conservative.” However, he initially denied a letter was drafted.
Contradicting Trump’s initial claim, sources later revealed that a draft of the letter was given to the former president earlier in the week by William J. Pulte, the director of the Federal Housing Finance Agency.
Whether Trump will ultimately proceed with firing Powell remains uncertain. Some within his administration have reportedly warned against such a move, cautioning that it could have significant and detrimental consequences.
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