Trump says Jerome Powell should “immediately resign.”
- Donald Trump, as a social media, said that the Federal Reserve Chairman Jerome Powell should “immediately resign.” He was an escalation of his general complaints about Powell, who Trump believes that he keeps interest rates high for no reason. Trump has previously described him as a “stubborn mule.”
Donald Trump is once again escalating his war with Federal Reserve Chairman Jerome Powell.
In a post on social media on Wednesday night, Trump protested his favorite title to the Federal Reserve Chairman, and wrote “Very late” he must resign immediately !!! ”
The latest complaint about Powell comes after accusations by the director of the Federal Housing Agency (FHFA) Bill Polly, who accused Powell lying to legislators last week during Certificate of the Senate Banking Committee.
Senators asked about the play of the Fed’s Reserve Bank offices, which is allegedly costing $ 2.5 billion. Powell told the committee that some of the inclusion in this (such as the dining room for the VIP and a marble table) was part of an old plan and has been abandoned since then. However, Paul says that Powell presented a “deceptive” certificate to the members of the Senate and must be rejected from his role “for the case.”
Trump is associated with Bolt’s accusations.
Trump, who appointed Powell Attack him over and over again Since the beginning of his second administration, he complains loudly that the Federal Reserve has not said interest rates. Powell, in his testimony last week, He said that the federal reserve will have it Do this now without that for the economic uncertainty caused by Trump’s tariff.
Trump described Powell as a “stubborn mule” And more He also sent him a handwritten message complaining of interest rates, and even threatened to name the head of the Federal Reserve, “The Shadow”, which could undermine Powell during his term.
The Supreme Court indicated that Trump was unable to remove Powell from his position. The Powell term continues until May 2026.
