Markets plummet as Trump rips Powell
Markets plummeted Monday when President Trump blows up Federal Reserve Chairman Jerome Powell as he failed to cut interest rates amid a waning economic sentiment spurred by Trump’s tariff policies. Trump escalated the war of words against Powell True Social Post Monday morning. Trump called Powell a “major loser” after citing Nickman who said he […]
Trump ramps up pressure on 'loser' Powell to immediately lower interest rates
President Trump on Monday pressured Federal Reserve Chairman Jerome Powell to lower interest rates, calling him a “major loser,” suggesting that previous rate cuts aimed at supporting former President Biden. “Many people are looking to “preemptively reduce interest rates.” There’s virtually no inflation as energy costs drop, food prices (including Biden’s egg disaster!) are significantly […]
U.S. dollar falls to three-year low as Trump's Powell threats further dent investor confidence – CNBC
The teller will count US Dollar Bank notes on April 9, 2025 at Money Changer in Jakarta, Indonesia. Willie Kruniawan | Reuters The US dollar continued its slide on Monday, dropping to its lowest level since 2022. Global investors have retreated from US assets in the face of tensions between President Donald Trump and the […]
Trump will study whether to fire Fed Chair Jerome Powell: adviser
White House economic adviser Kevin Hassett said President Trump and his team were studying the issue Friday when asked if Federal Reserve Chairman Jerome Powell was an option. “The president and his team will continue to study that important,” Hassett said at the White House when reporters asked “whether firing Jay Powell is an option […]
Top Trump econ adviser says White House is studying ways to fire Powell
President Trump’s top economic adviser told reporters Friday that the White House is looking for ways to fire Federal Reserve Chairman Jerome Powell despite the legal guardrail he is in his position. Kevin Hassett, chairman of the White House National Economic Council, has retreated from previous concerns about Powell’s firing, saying the White House is […]
JD FOSTER: Trump Is Right. Fire Jay Powell
President Trump is once again unhappy with Federal Reserve Chairman Jay Powell after Powell remarks Following a move by the European Central Bank to cut interest rates at an economic event in Chicago. Social Media Trump Posted“Always too late and wrong, Fed Jerome Powell issued a report yesterday that was another, typical, total ‘confusing!’ Powell’s […]
Wall Street Journal defends Powell from Trump attacks
The Wall Street Journal editorial board has the back of Jerome Powell this week, following President Trump’s fierce social media criticism after Trump provided negative economic forecasts for Trump’s tariffs. “The problem with Trump is that Powell told the truth.” I wrote it in an editorial Released on Friday. “The main lesson from Trump vs. […]
It’ll Crash Markets if Trump Fires Powell, Who I’m ‘Glad’ to Bash, Because It Undermines Independence
Sen. Elizabeth Warren (D-MA) said he was “pleasant” to publicly blow up Federal Reserve Chairman Jerome Powell on Thursday on CNBC’s “Squawk on the Stroke,” and that he was responsible for his unemployment. However, “If Speaker Powell is fired by the US President, the US market crashes,” because it overturns the Fed’s independence from politics. […]
Can Trump Actually Remove Jerome Powell as Fed Chair?
Trump drops the truth to Powell Federal Reserve Chairman Jerome Powell is Donald Trump’s latest target “The Truth Bomb” A barrage of his true social platform. Powell gave a speech at the Chicago Economic Club the day before and was less enthusiastic about the customs strategy for the president’s release day. Powell suggested he had […]
Gold price eases below $3,330 after record high as Powell flags stagflation risk – FXStreet
Gold is pulled back from an all-time high of $3,357, as Powell’s goals can be contradictory and stag concerns could arise. Market Mixed: Dow is down to UnitedHealth Crash, while other indexes see modest profits. Trump shows the progress of trade between the EU and China. The ECB will reduce the rate of 25 bps […]