Thu Apr 17 19:34:44 UTC 2025: ## Trump Threatens Fed Chair Powell Amidst Interest Rate Dispute
**Washington D.C.** – Former President Donald Trump has renewed his attacks on Federal Reserve Chairman Jerome Powell, accusing him of engaging in partisan politics by refusing to lower interest rates. In a statement, Trump expressed his displeasure with Powell’s monetary policy, claiming it is detrimental to the economy. He went further, issuing a thinly veiled threat, stating, “If I want him out, he’ll be out of there real fast.”
Trump’s comments come amid ongoing debate over the Fed’s approach to inflation and economic growth. While the Fed has raised interest rates to combat inflation, Trump argues that this policy is hurting the economy and is politically motivated. The former president did not elaborate on the supposed political motivations behind Powell’s actions.
This is not the first time Trump has criticized Powell. During his presidency, he frequently pressured the Fed to lower interest rates, even publicly calling for Powell’s dismissal. However, the independence of the Federal Reserve has historically protected its chair from direct political interference. It remains to be seen what, if any, action Trump might take to attempt to remove Powell. The threat underscores the ongoing tension between the political sphere and the central bank’s mandate to maintain economic stability.
First Piper 