President Trump is blasting Federal Reserve Chair Jerome Powell for failing to cut interest rates quickly enough, calling him “way late” and doing a “very bad job.” This fierce criticism comes as Powell faces mounting pressure over both monetary policy decisions and a costly headquarters renovation project. The fight shows Trump won’t back down in holding officials accountable for hurting hardworking Americans.
Trump is furious because Powell refuses to lower interest rates despite clear economic needs. High rates make it tougher for families to buy homes and for businesses to grow. Trump knows quick action would boost jobs and wages across America. Yet Powell keeps dragging his feet, ignoring the president’s demands for relief.
The $2.5 billion Fed building renovation has become another flashpoint. Trump’s budget chief exposed this spending as reckless and poorly managed. Americans see this as elite waste while regular folks struggle with high costs. Powell now faces a watchdog probe into whether he lied about the project’s expenses.
White House officials confirm Powell misled Congress about renovation costs. This arrogance shows how out of touch the Fed chair has become. Taxpayers deserve honesty, not fancy offices built with their money. Powell’s actions prove he’s lost sight of his duty to serve the public.
Trump might remove Powell “for cause” over this scandal. The law allows firing if an official betrays trust or mismanages funds. Powell’s renovation mess and rate failures justify that step. Trump has every right to replace leaders who hurt our economy.
Banker Jamie Dimon warns Trump to ease up on Powell. But patriots know Trump must stand strong against bureaucrats who ignore the people’s will. Meddling by Wall Street elites won’t stop Trump from fighting for American jobs.
If Powell stays, high rates will keep crushing families and small businesses. His delays have already damaged our recovery. Without bold leadership like Trump’s, our economy would sink further.
Trump won’t let up until Powell either cuts rates or gets replaced. The president will always battle Ivy League elitists who look down on everyday Americans. This is about protecting our jobs, wallets, and future.
