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.
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President Donald Trump marked his controversial first 100 days in office with a fiery rally in Michigan, delivering what he called an "achievement speech" amid rising economic concerns over his tariff policies. In a surprising moment that stunned both supporters and critics, Trump embraced Democratic Governor Gretchen Whitmer — a longtime political rival — on stage. He also announced a major fighter jet deal to secure the
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US President Donald Trump has claimed Ukraine could be “crushed very shortly” unless it agrees to peace talks with Russia. In an interview with The Atlantic, Trump said he’s trying to save Ukraine by pushing for negotiations, suggesting Moscow is open to a deal. He criticized Kiev’s stance, especially on Crimea, and hinted Zelensky was tougher to negotiate with than Putin. Meanwhile, Vice President Vance echoed similar concerns, and Secretary of State Rubio warned of the US abandoning talks if delays persist. Trump is also seeking a minerals agreement with Ukraine.
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President Trump indicated that tariff discussions with India are progressing positively, raising hopes for a potential agreement. Both nations are actively.. IndiaTimes
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
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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Global stock markets and the dollar have rallied on hopes of two significant climbdowns by the Trump administration on issues blamed for a slump in values. Sky News
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