Trump BLASTS Fed Chair Jerome Powell | ‘He will be out soon’ | Clash over Interest rates escalates
Video Credit: Oneindia - Duration: 02:20s - Published
Trump BLASTS Fed Chair Jerome Powell | ‘He will be out soon’ | Clash over Interest rates escalates
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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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.
READ MORE : http://www.euronews.com/2025/07/25/watch-fed-chair-jerome-powell-react-to-us-president-donald-trump
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Credit: euronews (in English) Duration: 02:55Published
Donald Trump lashed out at India after Prime Minister Modi met Xi Jinping and Vladimir Putin at the SCO Summit in Tianjin. Claiming India “offered to cut tariffs to nothing,” Trump dismissed the move as “too little, too late,” accusing New Delhi of exploiting a one-sided trade relationship while buying oil and weapons from Russia. With the U.S. imposing a 50% tariff on Indian goods, Modi defended national interests, vowing to resist Trump’s pressure as global alliances shift dramatically.
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President Trump is putting to bed any rumors of his demise, the only way he knows how ... with a SLEDGEHAMMER! 47 jumped on Truth Social Sunday and blasted out a.. TMZ.com
Fed Governor Lisa Cook sues Trump over move to fire her
The case could become a turning point for the 112-year-old Federal Reserve, which was designed by Congress to be insulated from day-to-day political influence.
READ MORE : http://www.euronews.com/2025/08/29/fed-governor-lisa-cook-sues-trump-over-move-to-fire-her
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Credit: euronews (in English) Duration: 00:45Published
President Trump says he is firing a governor of the US central bank, a move seen as intensifying his bid for control over the setting of interest rates. Sky News
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