Speaker Johnson Says He’s Become ‘Disenchanted’ With Powell (1)

House Speaker Mike Johnson said he is “disenchanted” with Jerome Powell, as President Donald Trump attacks the Federal Reserve chairman over frustrations with high interest rates.

Asked about whether he would support Trump firing Powell, Johnson, who has strong ties to the president and was in the Oval Office as recently as Tuesday, said he was unclear on the legal authority to dismiss the Fed chief.

“But I will tell you that I have been, can I use the word disenchanted?” Johnson said in an interview with Bloomberg reporters and editors.

US House Speaker Mike Johnson, during an interview in Washington on Wednesday.

Photographer: Graeme Sloan/Bloomberg

Congress has oversight authority over the ...