Trump Goes Full Throttle on Powell: The Fed’s Worst Nightmare

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Well, here we go again. U.S. President Donald Trump, who never shies away from an opinion, has a bone to pick with Federal Reserve Chair Jerome Powell. And let’s just say, it’s not a compliment. Trump’s assessment? “Too late and wrong,” which is about as subtle as a bull in a china shop. He’s demanding Powell make a quick exit because, apparently, his “termination cannot come fast enough.” We’ve all had that boss, haven’t we?

The Great Fed Showdown: Trump vs. Powell, Round 3

As if the week wasn’t already full of market drama, Trump took to his favorite platform, Truth Social, to air his grievances. Because why deal with the intricacies of economic policy when you can post about it instead? On Wednesday, Trump was positively thrilled about meeting a Japanese delegation to chat tariffs and “big progress” (yes, he actually said that). Meanwhile, Powell was busy at the Economic Club of Chicago warning about trade tariffs and their potential impact on the U.S. economy. But clearly, Trump was too busy “winning” to listen to that.

Enter the next day: Trump posts again, this time on Powell’s delays in making timely decisions. Because nothing says “I’m in charge” like a public tantrum on social media. Trump tweeted, “The ECB is cutting interest rates for the 7th time, and yet, ‘Too Late’ Jerome Powell, who is always TOO LATE AND WRONG, issued another complete ‘mess’ report yesterday!” Because who doesn’t love a good “too late” jab in a public forum? Oh, and the best part? Trump goes full-on economist mode, claiming that oil prices, groceries, and even eggs are all doing better—thanks to his tariffs. Who knew he was the hero of the grocery store aisles?

He didn’t stop there:

Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!

And if you thought this was a one-time fluke, think again. This isn’t Trump’s first rodeo when it comes to calling Powell out on Truth Social. Back in early April, he did the same thing, though this time he didn’t go all-in on Powell’s firing. Instead, he politely (well, kind of) urged Powell to lower the federal funds rate and, in his words, “stop playing politics.” Which, if we’re being honest, sounds like a nice way of saying, “Hurry up and do your job!”

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2025-04-17 16:04