Moreno to Fed Chair Powell: Resign or Be Fired (Bernie Moreno)
6 Articles
6 Articles
Moreno to Fed Chair Powell: Resign or Be Fired (Bernie Moreno)
) WASHINGTON - Yesterday, Senator Bernie Moreno (R-Ohio) demanded the resignation of Federal Reserve Chair Jerome Powell in a new letter, after weeks of questioning Powell on his refusal to lower interest rates. "Your choice not to lower interest rates despite the Trump Administration's economic progress is costing our country $400 billion per year," Moreno said. "You should resign immediately and allow the President the deference to select some…
Trump Demands Fed Chair Jerome Powell’s Resignation: How Will the Crypto Market React?
Trump is accusing Jerome Powell of keeping rates high and pushing the United States to pay more in interest. Will Bitcoin break $112,000? Yesterday, Bitcoin briefly broke above $112,000, retesting May 2025 highs. Unlike the surge to fresh all-time highs on May 22, the July 9 rally follows a period of sideways consolidation after the relief rally from June 23. At this pace, technical candlestick patterns favor bulls. BTC ▲1.22% and some of the be…
Trump again calls for Jerome Powell's resignation as Fed chair - Conservative Journal Review
President Donald Trump has once again called on Federal Reserve Chair Jerome Powell to resign. This time, Trump made the demand during a Tuesday Cabinet meeting. The president said he would like to appoint a chairman for the central bank who would agree to lowering interest rates, as Fox News reported. "He should resign immediately," Trump said during the meeting. "We should get somebody in there that's going to lower interest rates," Trump repl…
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