Fed policy tensions: Donald Trump says he’s 'not talking about' firing Jerome Powell but calls him ‘lousy’; hints at change in 2026
Wednesday, 16 July 2025 President Trump has expressed his dissatisfaction with Federal Reserve Chair Jerome Powell's performance, describing it as "lousy." While dismissing immediate plans for Powell's removal, Trump hinted at potential changes when Powell's term concludes next year. Trump has been advocating for interest rate cuts to stimulate economic growth, leading to increased tension between the White House and the Federal Reserve.
Even as Ukrainian President Volodymyr Zelensky prepares for a meeting with Donald Trump at the White House on Monday, tensions are expected to be simmering, especially if one remembers the last visit..
The world is watching as the highly anticipated Alaska Summit between Donald Trump and Vladimir Putin approaches. The big question on everyone's mind is, will Trump stand firm against Putin or..
Russian Foreign Minister Sergey Lavrov downplayed Donald Trump’s prediction that there is a 25% chance the upcoming Alaska summit with President Vladimir Putin could fail. Speaking ahead of the..