BREAKING NOW: President Donald Trump has had enough of Federal Reserve Chairman Jerome Powell and his misguided stance on tariffs and interest rates.
The president labeled Powell as “TOO LATE AND WRONG” for his refusal to cut interest rates despite falling prices across the economy.
In a fiery message on Truth Social, President Trump did not mince words about his frustration with the Federal Reserve Chairman.
“Powell’s termination cannot come fast enough!” Trump declared, highlighting the growing rift between his administration’s economic goals and the Fed’s current leadership.
The president’s criticism came after Powell warned that the Trump administration’s proposed tariffs could potentially disrupt the Federal Reserve’s economic objectives.
President Trump pointed out Powell’s failure to act promptly on interest rates, comparing the Fed unfavorably to the European Central Bank, which has been more aggressive in supporting economic growth.
“Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now,” the president stated.
The president’s economic criticism is backed by real evidence that Americans can see in their daily lives.
“Oil prices are down, groceries (even eggs!) are down, and the USA is getting RICH ON TARIFFS,” President Trump noted.
He highlighted how his policies have benefited American families while simultaneously strengthening the national economy.
Despite the Fed’s mandate to maximize employment and maintain stable prices, Powell has taken a cautious approach to changing interest rates, currently at 4.5% after three reductions in the past year.
Many financial experts argue that faster, more substantial cuts would fuel economic growth and help working-class Americans struggling with rising costs of living.
Powell’s independence from political pressure has been a sticking point.
While the Federal Reserve is designed to operate without direct political influence, critics argue that Powell’s resistance to President Trump’s economic vision represents a different kind of bias.
Said bias favors establishment thinking over policies that directly benefit American workers and businesses.
While Powell’s term does not officially end until 2026, President Trump’s criticism reflects growing frustration among many Americans about the disconnect between Washington economic theories and the reality they face in their everyday lives.
The Federal Open Market Committee is scheduled to meet in early May, where they will once again evaluate whether to implement the rate cuts that President Trump has advocated.
As the debate continues, the president’s economic vision offers a stark contrast to the Fed’s complex, often delayed response to economic challenges.
For millions of Americans concerned about their financial future, the choice between Powell’s cautious approach and President Trump’s bold, America-first economic strategy could not be clearer.
