Fri Aug 01 16:44:56 UTC 2025: ## Trump Escalates Attacks on Fed Chair, Demands Rate Cuts, Suggests Board Takeover
**Washington, D.C.** – In a fiery series of social media posts on Friday, President Donald Trump renewed his attacks on Federal Reserve Chairman Jerome Powell, calling him a “stubborn MORON” and demanding immediate and substantial interest rate cuts. Trump went so far as to suggest the Federal Reserve Board should wrest control from Powell if he continues to resist lowering rates.
The President’s outburst comes after Powell announced earlier this week that interest rates would remain steady between 4.25 and 4.5 percent. Trump, an advocate for greater investment in the U.S. economy, argues that inflation is now at sustainable levels and high interest rates are unnecessary. While the Fed has lowered interest rates by roughly 1 percent over the past year, Trump is pushing for more aggressive action.
Powell, however, has cited concerns over inflation, particularly linking it to Trump’s own trade policies, as justification for maintaining the current rate. On Wednesday, Powell noted that “higher tariffs have begun to show through more clearly to prices of some goods.” He also cautioned against premature rate cuts, stating that the current policy stance is “appropriate to guard against inflation risks.”
Trump’s latest attack highlights a growing rift between the White House and the independent Federal Reserve. The decision to hold steady on interest rates has already sparked dissent within the Fed board, with two Trump appointees publicly arguing for more aggressive rate cuts. Trump seized on this division, warning Powell that the dissent “WILL ONLY GET STRONGER.”
The President’s continued pressure on the Fed raises concerns about the central bank’s independence, a crucial element in maintaining economic stability. The Fed operates independently to control inflation and promote economic growth through monetary policy. President’s pushing against it could undermine it.
First Piper 