Can Jay Powell Make It Through the Weekend? By Larry Kudlow

[mystery-ak]

Can Jay Powell Make It Through the Weekend?
By Larry Kudlow

Is the Fed chairman, Jay Powell, going to make it through the weekend? There is talk that he is being forced to resign.

President Trump, of course, is on his case daily for not dropping interest rates in line with low inflation.

Just a few moments ago, the head of the Federal Housing Finance Agency that regulates Fannie Mae and Freddie Mac and oversees the 11 federal home loan banks, William Pulte, issued a statement, saying: “I’m encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom.”

Yesterday, the Office of Management and Budget’s director, Russ Vought, condemned Mr. Powell for his gross mismanagement of what Mr. Vought calls the palace of Versailles.

more
https://www.realclearpolitics.com/articles/2025/07/12/can_jay_powell_make_it_through_the_weekend_153039.html

[Fishrrman]

Hang in there, Mr. Powell.

I have a vested interest here:
The interest rates on t-bills have been ticking upward:
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates&field_tdr_date_value=2025

[Hoodat]

Hang in there, Mr. Powell.

I have a vested interest here:
The interest rates on t-bills have been ticking upward:
https://home.treasury.gov/resource-center/data-chart-center/interest-rates/TextView?type=daily_treasury_bill_rates&field_tdr_date_value=2025

If the Fed stopped printing up new money to fund government deficits, then you would see the interest rates on those t-bills hitting 20%.