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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Mass protests erupted across Israel as anger against Prime Minister Benjamin Netanyahu boiled over. Tens of thousands, led by hostage families, filled Jerusalem’s Paris Square and Tel Aviv’s Hostage Square, demanding a prisoner swap with Hamas and an end to the Gaza war. Demonstrators carried a giant yellow ribbon and banners branding Netanyahu a “traitor,” accusing him of sacrificing captives to cling to power. A striking appeal to Donald Trump—“Save the hostages now”—highlighted growing frustration with Israel’s leadership.
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Trump has officially ruled out Scott Bessent for the next Fed chair, telling CNBC that Bessent “wants to stay where he is.” The decision follows the surprise resignation of Fed Governor Adriana Kugler, giving Trump another opportunity to reshape the Federal Reserve with loyalists. Remaining candidates include Kevin Warsh, Kevin Hassett, and Fed Governor Chris Waller—whom Trump praised as “very good.” With Powell’s term ending in 2026, Trump is considering naming a “shadow chair” to counteract his policies and align the Fed with his low-rate agenda.
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Watch Fed Chair Jerome Powell react to US President Donald Trump
The Federal Reserve Chair and the US President got into a disagreement over costs at a tour of the Fed’s office building renovation in Washington on Thursday.
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Credit: euronews (in English) Duration: 02:55Published
Donald Trump launched a scathing attack on Federal Reserve Chair Jerome Powell, calling him “Too Late” and blaming him for crippling interest rates. In a fiery speech, Trump accused Powell of political bias, economic mismanagement, and wasting billions on federal buildings. Trump claimed high rates are hurting homebuyers and vowed Powell would be “out soon.” He also demanded an internal Fed investigation and slammed Powell’s $2.7 billion building plan, calling it “mission creep.” The clash signals rising tensions over U.S. monetary policy.
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Zelensky has hit back at Vladimir Putin’s warning about “legitimate targets,” openly mocking Moscow’s threats. In a bold statement, Zelensky boasted that thousands of foreign-trained troops are preparing to enter Ukraine, escalating tensions and signaling Kyiv’s defiance against Russian aggression. The remarks highlight the growing intensity of the Russia-Ukraine conflict as both sides brace for a new phase of confrontation.
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