« previous next »
Pages: [1]   Go Down

Author Topic: Fed up with Fed Chair! Trump calls for Jerome Powell to immediately resign  (Read 70 times)

0 Members and 1 Guest are viewing this topic.

Offline mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 403,974
Fed up with Fed Chair! Trump calls for Jerome Powell to immediately resign
« on: July 03, 2025, 09:21:04 am »
Fed up with Fed Chair! Trump calls for Jerome Powell to immediately resign
July 3, 2025 | Frieda Powers

After months of frustration with Federal Reserve Chair Jerome Powell, it appeared this week that President Donald Trump called on him to step down “immediately.”

The president reposted a Bloomberg article on Wednesday that reported on the head of the Federal Housing Finance Agency (FHFA) calling for Powell to resign.

“‘Too Late’ should resign immediately!!!” the president wrote.

FHFA Director Bill Pulte called for Congress to investigate Powell’s “deceptive” testimony in a statement on Wednesday.

“I am asking Congress to investigate Chairman Jerome Powell, his political bias, and his deceptive Senate testimony, which is enough to be removed ‘for cause,’” the Fannie Mae and Freddie Mac chief wrote. “Jerome Powell’s $2.5B Building Renovation Scandal stinks to high heaven, and he lied when asked about the specifics before Congress. This is nothing short of malfeasance,” he said.

more
https://www.bizpacreview.com/2025/07/03/fed-up-with-fed-chair-trump-calls-for-jerome-powell-to-immediately-resign-1565290/
Logged
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Offline catfish1957

  • The Conservative Carp Rapscallion of Brieferville
  • Political Researcher
  • *****
  • Posts: 25,430
  • Gender: Male
Re: Fed up with Fed Chair! Trump calls for Jerome Powell to immediately resign
« Reply #1 on: July 03, 2025, 10:31:07 am »
Cool the jets DJT.  10 months (end of term) will come soon enough.   A heavy hand on the Fed is not a good move.  If Economy soars as you hope, Jay will have to lower rates just on fundamentals alone.
Logged
I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

Offline Free Vulcan

  • Technical
  • *****
  • Posts: 16,879
  • Gender: Male
  • Ah, the air is so much fresher here...
Re: Fed up with Fed Chair! Trump calls for Jerome Powell to immediately resign
« Reply #2 on: July 03, 2025, 12:50:07 pm »
Quote from: catfish1957 on July 03, 2025, 10:31:07 am
Cool the jets DJT.  10 months (end of term) will come soon enough.   A heavy hand on the Fed is not a good move.  If Economy soars as you hope, Jay will have to lower rates just on fundamentals alone.

I am no fan of Powell and his globalist cabal reindeer games but this is one to sit tight on.

That said, there's nothing wrong with getting a start on publicly shopping around for a replacement.  :yowsa:
Logged
The Republic is lost.

Offline Fishrrman

  • Hero Member
  • *****
  • Posts: 14,657
  • Gender: Male
  • Dumbest member of the forum
Re: Fed up with Fed Chair! Trump calls for Jerome Powell to immediately resign
« Reply #3 on: July 03, 2025, 06:30:44 pm »
No.
Keep Mr. Powell.
Keep interest rates where they are, or even let them rise a bit.
Keeps the economy steady along with keeping inflation down.

Actually, I think rates just ticked up a bit today (after receiving notice of a t-bill rolloever next Tuesday).
Logged
Pages: [1]   Go Up
« previous next »