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A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

Upworthy Saturday, 2 August 2025 ()
President Trump erupted on social media after the Federal Reserve held interest rates steady this week. The president called on the board to “assume control” and lower interest rates on the same day a Biden-appointed Fed governor announced her resignation. Experts say Trump’s understanding of the…
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Video Credit: Oneindia - Published
News video: Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy

Trump Lashes Out as Fed Keeps Interest Rates Unchanged —Conflict Threatens to Destabilize US Economy 03:49

 In a dramatic showdown, President Trump demands urgent interest rate cuts to stimulate the struggling economy — but the Federal Reserve stands firm, leaving rates unchanged. This escalating conflict between the White House and the central bank raises fears of economic instability and political...

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