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.
President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago. Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence. Wall Street surged on the news, as fears of a central bank shakeup faded. Trump had previously accused Powell of failing to cut interest rates. The about-face follows internal White House talks on removing Powell, who is legally protected until 2026. Critics warned that firing him could destabilize the entire financial system.
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Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.
READ MORE : http://www.euronews.com/2025/04/22/investors-flee-us-assets-as-trump-attacks-feds-powell-and-calls-for-rate-cuts
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Credit: euronews (in English) Duration: 01:30Published
ECB cuts rates again as Trump tariffs weigh on economic outlook
The European Central Bank cut its benchmark interest rate by a quarter point to 2.25% on Thursday as threats to growth outweigh inflationary concerns.
READ MORE : http://www.euronews.com/2025/04/17/ecb-cuts-rates-again-as-trump-tariffs-weigh-on-economic-outlook
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Credit: euronews (in English) Duration: 01:00Published
Is the EU banning American credit cards?
Social media users allege that ECB President Christine Lagarde has announced plans to get rid of the likes of Visa, Mastercard and PayPal.
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Credit: euronews (in English) Duration: 01:57Published
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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As Los Angeles erupts in chaos over Trump’s immigration enforcement crackdown, the White House has deployed 700 U.S. Marines and 2,000 additional National Guard troops to the city — all without California Governor Gavin Newsom’s consent. The dramatic military surge, aimed at quelling violent protests and protecting federal property, has ignited a fierce legal and political battle. Governor Newsom and Attorney General Rob Bonta have launched a lawsuit against what they call a “dictatorial overreach,” accusing Trump of violating state sovereignty.
#LAProtest #LosAngelesRiots #NationalGuardLA #TrumpVsNewsom #AntiTrumpProtest #USProtestLive #LARiots2025 #LosAngelesNews #CaliforniaRiots #ProtestsInLA #LAPDResponse #LAUnrest #ImmigrationRaidsProtest #MarinesInLA #ICEProtests #KarenBassOnTrump #NewsomVsTrump #TrumpNationalGuard #LosAngelesProtest #FederalTroopsLA
The pop of flash bangs and the drawing of rubber bullet launchers by police sent protesters scattering down streets in downtown LA during a fourth day of.. Sky News
As anti-ICE protests rage in Los Angeles, the movement has rapidly spread to Texas, with hundreds marching in Austin and Dallas. Demonstrators demand an end to Trump’s immigration crackdown and the deployment of federal forces. Clashes erupted in Dallas as police declared the protests unlawful. Texas Governor Greg Abbott praised Trump’s response, while California Governor Gavin Newsom condemned the federal overreach. The nation stands divided as immigration, law enforcement, and civil liberties collide on the streets.
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As immigration protests erupt across Los Angeles, Mayor Karen Bass has sharply criticized President Trump’s decision to deploy 700 U.S. Marines and thousands of National Guard troops to the city, calling it a dangerous and provocative overreach. The protests, initially sparked by federal immigration raids, have escalated into volatile confrontations, with tear gas, rubber bullets, and widespread chaos in downtown LA. Mayor Bass accused the Trump administration of turning Los Angeles into a "test case" for authoritarian crackdowns, blaming federal militarization for inciting further unrest. California Governor Gavin Newsom has also denounced the move as unconstitutional and has filed legal challenges against the deployment, arguing that it violates state sovereignty.
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Doechii used her spotlight moment at the 2025 BET Awards to stick it to President Donald Trump … blaming him for wreaking havoc right outside the building!!!.. TMZ.com
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