Fed policy tensions: Donald Trump says he’s 'not talking about' firing Jerome Powell but calls him ‘lousy’; hints at change in 2026
President Trump has expressed his dissatisfaction with Federal Reserve Chair Jerome Powell's performance, describing it as "lousy." While dismissing immediate plans for Powell's removal, Trump hinted at potential changes when Powell's term concludes next year. Trump has been advocating for interest rate cuts to stimulate economic growth, leading to increased tension between the White House and the Federal Reserve.
President Trump has expressed his dissatisfaction with Federal Reserve Chair Jerome Powell's performance, describing it as "lousy." While dismissing immediate plans for Powell's removal, Trump hinted at potential changes when Powell's term concludes next year. Trump has been advocating for interest rate cuts to stimulate economic growth, leading to increased tension between the White House and the Federal Reserve.
