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.
#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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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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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.
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U.S President Donald Trump has shared a TikTok video claiming he intentionally crashed the stock market to push the Federal Reserve into slashing interest rates. The video—originally posted by a user named “AmericaPapaBear”—suggests Trump’s economic tactics could benifit poor Americans. It falsely claims Warren Buffett praised Trump’s strategies as the best in 50 years. Meanwhile, J.P. Morgan has increased the chances of a recession as market volatility continues to rise.
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US President Donald Trump has pledged unwavering commitment to his aggressive tariff strategy, calling it a chance to “get rich.” Despite a massive stock market crash and mounting global backlash, Trump insisted tariffs are essential to protect American jobs. China, Canada, and the EU have responded with retaliatory duties, sparking fears of a global trade war. The WTO warns of economic contraction, while the US Fed sees inflation risks rising. Still, Trump’s administration denies any harm to American businesses, claiming domestic growth will offset global tensions.
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Iran has unveiled the “Qassem Basir,” a solid-fueled ballistic missile capable of evading air defenses and striking targets without GPS. The reveal comes just ahead of President Trump’s stern warning to Iran over its alleged support for Houthi missile attacks on Israel’s Ben Gurion Airport—charges Tehran denies. Iran’s defense minister vowed retaliation if attacked, warning U.S. bases in the region could become “legitimate targets.” Netanyahu promises fierce response as tensions boil. The U.S., Israel, and Iran now brace for potential escalation in a volatile new chapter of Middle East conflict.
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Recent tensions escalate as Pakistan Army initiates unprovoked firing across the LoC, prompting UNSC consultations. The Supreme Court is set to decide on the.. IndiaTimes
Donald Trump has launched a cultural and economic war by slapping a 100% tariff on all foreign-made films. Citing Hollywood’s “fast death” and claiming a national security threat, Trump’s move has stunned the global film industry. The order could reshape entertainment economics and international collaboration. Trump accuses other countries of using propaganda and incentives to pull productions away from America. Meanwhile, China warns this escalation could backfire on U.S. films abroad. What’s next for Hollywood, global cinema, and this unfolding trade war?
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