Trump floats firing ‘numbskull’ Fed chair Powell
Chair of the US Federal Reserve Jerome Powell speaks during a press conference following the Federal Open Market Committee meeting in Washington June 18, 2025. — AFP pic
Saturday, 21 Jun 2025 10:01 AM MYT
WASHINGTON, June 21 — US President Donald Trump escalated his criticism of Federal Reserve Chair Jerome Powell on Friday -- publicly mulling whether to fire the official and appoint himself to the central bank.
The Republican leader, who regularly berates Powell over the bank’s decisions not to lower interest rates, took to Truth Social to smear the banker as a “numbskull,” “moron” and “obvious Trump Hater.”
“I fully understand that my strong criticism of him makes it more difficult for him to do what he should be doing, lowering Rates, but I’ve tried it all different ways,” said Trump, who appointed Powell during his first term.
“I’ve been nice, I’ve been neutral, and I’ve been nasty, and nice and neutral didn’t work!”
Powell’s term does not conclude until next year. He has said his dismissal would be unlawful, and that he has no intention of stepping down voluntary if Trump asks.
“I don’t know why the Board doesn’t override this Total and Complete Moron!” Trump posted. “Maybe, just maybe, I’ll have to change my mind about firing him? But regardless, his Term ends shortly!”
Trump lashed out after the Fed held interest rates steady for a fourth consecutive meeting on Wednesday, forecasting higher inflation and cooler growth as Trump’s tariffs take hold.
The projections were its first since Trump unleashed sweeping 10 percent tariffs on almost all trading partners in April. — AFP
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kt comments:
Carrot Head really an S-Whole
Fuck creates the problem , and expects others to solve it for him.
ReplyDeleteHe wants to be surrounded by n
sycophants.
R bookies taking bets for end the fed? Chances r, can strike...the last of the FRB chairman...
ReplyDeletehttps://x.com/bendleruschka/status/1936282227173638274?s=19
DAN SCAVINO POSTING
💥💥💥OPERATION SANDMAN 💥💥💥
AGAIN!!! 🔥🔥🔥
Is this the weekend? We have 2 weeks until the 4th July and 19 days until the end of The Movie!
https://x.com/DanScavino/status/1936277035464196170?s=19
https://x.com/WatcherGuru/status/1936282207192010765?s=19
JUST IN: 🇺🇸 Congressman Thomas Massie calls to end the Federal Reserve.
https://x.com/LeadingReport/status/1936442245453914172?s=19
BREAKING: Rep. Thomas Massie calls for an end to the Federal Reserve.
https://x.com/RepThomasMassie/status/1936236198772527126?s=19
Dose of reality: Congress is spending, printing, and borrowing so much that the Fed has lost its ability to “set rates.” Banks and foreign governments who buy our 10 year U.S. treasuries are demanding more than 4.5% return. BBB makes it worse. Would be a great time to #EndTheFed
Charlatan, reading tea leaves or for real? Chatters in the air.
ReplyDelete~~~
https://x.com/17Grasshopper/status/1929601099054325916?s=19
‼️HEADS UP‼️
SOMETHING BIG IS HAPPENING THIS JULY!
👉CENTRAL BANKS👈RACING TO STOCKPILE GLOD!
AT 1:37PM EST
Q: 137
LIST 2/3 OF ALL👉CENTRAL BANKS👈WORLD WIDE!
H/T to @DerfManMTL
https://x.com/MenthorQpro/status/1936155917327728747?s=19
Central Banks Gold Buying.
https://x.com/Kengellil/status/1934933599561650271?s=19
Clock @ 1:35
Q#135 = list of Rothschild central banks
A real end