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![TopStockAlerts1 Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::916787510822436864.png) Top Stock Alerts [@TopStockAlerts1](/creator/twitter/TopStockAlerts1) on x 118.4K followers
Created: 2025-07-16 18:10:53 UTC

$TLT Exchange-traded funds that provide exposure to long-term Treasurys dropped Wednesday after media reports that President Donald Trump was likely to fire Federal Reserve Chair Jerome Powell. But the ETFs began recovering after Trump denied those plans.

The iShares 20+ Year Treasury Bond ETF was down XXX% in early afternoon trading, while the Vanguard Long-Term Treasury ETF had a XXX% loss, according to FactSet data, at last check.
Bloomberg reported late morning Wednesday that Trump was likely to fire Powell soon, citing a White House official. But Trump swiftly denied that, telling reporters at the White House on Wednesday that he was “highly unlikely” to fire him.


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**Related Topics**
[vanguard](/topic/vanguard)
[fund manager](/topic/fund-manager)
[ishares 20](/topic/ishares-20)
[powell](/topic/powell)
[jerome powell](/topic/jerome-powell)
[federal reserve](/topic/federal-reserve)
[donald trump](/topic/donald-trump)
[longterm](/topic/longterm)

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