Archive · 1 Aug 2025
Trump Calls on Fed Board to Overrule Powell
Donald Trump wants the Federal Reserve to lower interest rates, but the current head, Jerome Powell, hasn't.
Trump is upset and wants the board of governors to overrule Powell.
He believes this would help the economy by lowering debt costs.
The Federal Reserve is tasked with stabilizing prices and employment.
The Supreme Court has ruled that Trump can't fire Powell simply for disagreeing with his policies.
Trump called for the Federal Reserve board to take control from Chair Jerome Powell.
Trump criticized Powell for not cutting interest rates.
Trump wants a substantial reduction of the Fed's benchmark rate.
Powell has kept the benchmark rate constant this year.
The Supreme Court ruled Trump could not remove Powell for policy disagreements.
- Who
- Donald Trump and Jerome Powell.
- What
- Trump called for the Federal Reserve board to usurp the power of Fed Chair Jerome Powell.
- When
- Friday
- Where
- United States
- Why
- Trump believes Powell should cut interest rates.
Trump's Position
Federal Reserve Position
Interest Rate Policy
Trump's Position
Powell should cut rates.
Federal Reserve Position
The Fed must stabilize prices and employment and are assessing impacts of tariffs.
- Critic
- Donald Trump
- Target
- Jerome Powell
- Event
- Trump calls for rate cuts
- Trump's Demand
- Substantially lower rates
- Benchmark Rate
- 4.33%
Sources
Trump again slams Fed chair Powell after rates hold
‘He is too late’: Trump slams Powell after Fed holds interest rates steady
'TOO ANGRY, TOO STUPID': Donald Trump launches fresh attack on Fed chair Jerome Powell
Trump continues to abuse Federal Reserve Chairman Jerome Powell for not cutting interest rates, calls him ‘stubborn moron’
