Trump Demands Immediate Resignation of Fed Chair Powell Over Economic Drag
President Donald Trump calls for Federal Reserve Chair Jerome Powell’s immediate resignation, accusing him of dragging his feet on interest rate cuts that could revive America’s economic growth.
On Wednesday, President Donald Trump reaffirmed his tough stance against Federal Reserve Chair Jerome Powell by demanding his immediate resignation. In a bold statement via Truth Social, Trump labeled Powell "The Tardón," criticizing him for allegedly delaying crucial interest rate reductions that, in Trump's view, are stifling the U.S. economy. This public rebuke comes amid growing concerns from conservative circles about the Federal Reserve's independent monetary policy decisions. Trump highlighted recent criticisms by Bill Pulte, head of the Federal Housing Finance Agency (FHFA), who has called for a congressional investigation into Powell, accusing him of misleading the Senate during testimony....
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