Trump Blasts Powell's Position on Interest Rates

Trump official criticizes Fed chief Powell as Trump takes aim over interest rates

A top Trump administration official accused Federal Reserve Chair Jerome Powell of leading an “ostentatious” office renovation project that may be “violating the law” on Thursday, a new broadside against the central bank chief as President Trump tangles with him over interest rates. “The President is extremely troubled by your management of the Federal Reserve System,” Office of Management and Budget Chair Russell Vought wrote in a letter Thursd…

Trump blasts Powell's position on interest rates

President Trump is insisting that Federal Reserve Chair Jerome Powell should lower interest rates. CBS MoneyWatch correspondent Kelly O'Grady has more.

Pence Says Trump Has Right to Share Views on Powell, Fed Policy

Former Vice President Mike Pence said Donald Trump had the right to publicly share his views about Federal Reserve Chair Jerome Powell and decision-making on interest rates — and that he had his own concerns about the central bank’s policies.

Abolish The Fed? Mises Institute And George Mason University Face Off

Abolish The Fed? Mises Institute And George Mason University Face Off We will abide by all norms of the Geneva convention. — Robert P. Murphy (@BobMurphyEcon) July 9, 2025 Recent tensions between Fed Chair Jerome Powell and former President Trump have ignited fresh controversy: Trump publicly accused Powell of “tank­ing the economy” and threatening America’s recovery — escalating the spotlight on central bank policy. But is anyone asking… do we…