Donald Trump has called on Federal Reserve chair Jerome Powell to resign, intensifying his attacks on the central bank’s leadership after Fed governor Adriana Kugler announced her early departure.“’Too Late’ Powell should resign, just like Adriana Kugler, a Biden Appointee, resigned. She knew he was doing the wrong thing on Interest Rates. He should resign, […]
US President Donald Trump has never concealed his mounting disdain for Federal Reserve Chairman Jerome Powell, but his latest remark earlier last month drew attention, as he expressed surprise over Powell’s “appointment”, seemingly forgetting that he was the one who originally appointed him to the role in 2018.“I was surprised he was appointed,” Trump said […]
Screengrab from Trump’s interaction with reporters during Fed visit US president Donald Trump on Thursday visited the Federal Reserve’s renovation site in Washington, DC — and used the opportunity to take fresh shots at chair Jerome Powell. Standing in front of the half-finished project, Trump mocked the rising costs. “It looks like it’s about $3.1 […]
US treasury secretary scott Bessent said on Tuesday he saw no immediate reason for federal reserve chair Jerome Powell to step down. This comes just a day after Bessent publicly called for a full review of the Fed’s operations beyond its main role in setting interest rates. Speaking to Fox Business, Bessent said, “There’s nothing […]
Russ Vought (Image: X) and Jerome Powell (AP image) Federal Reserve Chair Jerome Powell sent a letter on Thursday to White House Budget Director Russ Vought, responding to allegations that he mismanaged the renovation of the Federal Reserve Board’s Eccles Building and the 1951 Constitution Avenue facility.The letter comes amid growing speculation that the Trump […]
US President Donald Trump has once again taken aim at Federal Reserve Chair Jerome Powell, signalling that he might remove him from the role if re-elected. Trump has long criticised Powell over interest rate hikes and now claims the top central banker is obstructing economic growth. Who is Jerome Powell? Why does Trump want him […]
US President Donald Trump once again slammed Federal Reserve Chairman Jerome Powell, accusing him of costing the country hundreds of billions of dollars after the central bank kept the interest rates unchanged. “Too Late,” Trump tweeted, calling Powell one of the “dumbest” and most “destructive” people in government. “Too Late” Jerome Powell is costing our […]
Officials at the Federal Reserve on Friday showed little sign of deviating from their message that there is no urgency to lower interest rates, despite a claim by President Trump that there is “no inflation.” A solid economy affords the central bank the flexibility to wait and see what the economic impact of Mr. Trump’s […]
US president Donald Trump on Thursday confirmed a trade framework with the United Kingdom that reduces tariffs on autos and metals while keeping the baseline 10% tariff as it is. The announcement followed a phone call with UK prime minister Keir Starmer. Under the plan, US tariffs on British cars will drop from 27.5% to […]
Lucy Powell, the UK’s Leader of the House of Commons, is facing intense backlash after comments she made during a BBC Radio 4 debate appeared to belittle concerns over grooming gangs—an issue that has long scarred British politics and policing.Speaking on the BBC’s Any Questions? programme, Powell reacted to political commentator Tim Montgomerie’s mention of […]
