Trump Erupts in Fury at Fed Chair Powell, Demands His Termination Over ‘Complete Mess’ Reports
Video Credit: Oneindia - Duration: 04:02s - Published
Trump Erupts in Fury at Fed Chair Powell, Demands His Termination Over ‘Complete Mess’ Reports
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year.
The outburst follows Powell’s stark warning that Trump’s sweeping tariffs could drive the U.S. into stagflation.
With Powell’s term running through 2026 and legal protections in place, Trump’s demand has ignited a constitutional debate over presidential power and the independence of America’s central bank.
Donald Trump has revived his criticism of the head of the US central bank, describing Jay Powell as "terrible" and "stupid", adding that there were up to four.. Sky News
US Federal Reserve keeps interest rates unchanged as it awaits the impacts of Trump's global tariffs
Trump has slammed the US Federal Reserve Board chief Jerome Powell, calling him “stupid”, as the federal agency holds off on interest rate changes as it anticipates economic decline in the wake of the US president’s global tariff policies.
READ MORE : http://www.euronews.com/2025/06/19/us-federal-reserve-keeps-interest-rates-unchanged-as-it-awaits-the-impacts-of-trumps-globa
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Credit: euronews (in English) Duration: 02:00Published
In a 6–3 decision, the Supreme Court ruled that President Trump had the authority to fire Biden-appointed officials Wilcox and Harris mid-term, weakening decades-old congressional protections over independent agencies. The decision—criticized by Justice Kagan—allows presidents to remove executive officers without cause, but excludes the Federal Reserve. Trump’s firings stalled the NLRB and Merit Board, halting key decisions. While the ruling marks a major shift in separation of powers, the Court says a final judgment is still pending.
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Sen. Bernie Sanders strongly opposes President Trump’s so-called “Big, Beautiful Bill,” calling it the most dangerous legislation in modern U.S. history. Sanders claims the bill is a billionaire-funded payoff that gives $975 billion in tax breaks to the top 1%, while slashing $1.1 trillion from healthcare programs like Medicaid and ACA—potentially leaving 16 million uninsured. With studies predicting 50,000 avoidable deaths per year, Sanders calls the bill a "death sentence" for working-class Americans and a devastating blow to rural hospitals already on the brink.
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Donald Trump signs executive order lifting US sanctions on Syria
The new order does not rescind existing sanctions on ousted longtime President Bashar al-Assad, his top aides, officials and family members who are accused of having committed war crimes and human rights violations against Syrian civilians.
READ MORE : http://www.euronews.com/2025/07/01/donald-trump-signs-executive-order-lifting-us-sanctions-on-syria
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Credit: euronews (in English) Duration: 01:00Published
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