Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED
Video Credit: Oneindia - Duration: 04:02s - Published
Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED
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.
#Trump #JeromePowell #FederalReserve #InterestRates #TrumpNews #FedChair #MonetaryPolicy #StockMarket #WallStreet #USPolitics #WhiteHouse #Powell #TrumpReversal #EconomicPolicy #CentralBank #BreakingNews #OvalOffice #TrumpStatement #FinanceNews #PowellProtected #RateCutDebate #TrumpFedClash #TrumpMarkets #USEconomy #PaulAtkins #TrumpSpeech #FinancialStability #KevinHassett #PowellUnderFire #PowellStays #TrumpvsPowell
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Credit: euronews (in English) Duration: 01:10Published
Gavin Newsom is following up with his threat to sue President Trump over the deployment of the National Guard to Los Angeles ... because the California Governor.. TMZ.com
California sues Trump over 'illegal' deployment of National Guard
Trump suggests his government should arrest Democrat California Governor Gavin Newsom if he continues to interfere with federal efforts in his state after Trump invoked a special clause to deploy National Guards in Los Angeles with Newsom’s approval.
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Credit: euronews (in English) Duration: 01:40Published
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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.
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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.
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In a stunning Oval Office remark, U.S. President Donald Trump compared the Russia-Ukraine war to “two kids fighting,” saying it might be better to let them brawl before stepping in. The Kremlin responded sharply, calling the war an "existential issue" tied to Russia’s national security and future. As German Chancellor Merz urged U.S. intervention, Trump signaled a more hands-off approach. The latest Trump-Putin exchange reveals deep global divisions and raises questions about America’s role in ending the war. Here's what both sides are really saying.
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A deadly new chapter in the Ukraine-Russia war is unfolding. After Ukraine launched strikes on Russian nuclear bases, President Vladimir Putin vowed swift retaliation. The Kremlin has already responded with missile and drone attacks on Ukrainian targets, killing civilians and escalating the war dramatically.
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