Trump Intensifies Push to Oust Fed Chair Powell Over Rate Disputes
- U.S. President Donald Trump stated that Federal Reserve Chair Jerome Powell's termination 'cannot come fast enough' due to frustrations with interest rate policies.
- Trump indicated he is considering firing Powell, whose term ends in May 2026, as he is not satisfied with interest rate cuts.
- On his social media, Trump called for Powell to lower the Fed's short-term interest rate, urging action on this matter.
- During a press conference, Trump emphasized his power to remove Powell quickly, saying, 'If I want him out, he'll be out of there real fast, believe me.
485 Articles
485 Articles
Hassett Attacks Jay Powell As 'Elizabeth Warren Clone' For Not Bowing To Trump
Trump's director of the National Economic Council, Kevin Hassett did his MAGA duty by attacking Fed Chairman Jay Powell for not lowering interest rates to appease Trump. Causing chaos to the entire global economy has its issues. HASSERT: I got to say that if the Fed respects its independence, then it should pay attention to what Republicans are saying about Jay Powell, because Jay Powell is the person who cut rates right ahead of the election t…
Trump thinks he can remove Powell from Fed
WASHINGTON — President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and claimed he could fire him if he wanted to, renewing a threat from his first term that could cause a major…
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