Donald Trump and Jerome Powell: US President Donald Trump has taken a U-turn. Yes, according to the information received, the Chairman of the Federal ReserveJerome Powell Regarding this, he has said that there is no intention to remove the Fed Chairman. But he needs to be active in reducing the interest rate. It is known that recently there was news of the removal of Federal Reserve Chairman Jerome Powell from his post. It was being told that US President Trump,Jerome Powell Jerome Powell can be removed from his post. Let us tell you that recently Jerome Powell had criticized Trump’s tariff policy.
Donald trump and Jerome Powell: Jerome Powell needs to be a little more proactive in reducing interest rates – Trump
There has been a huge change in US President Trump’s stance on Fed Chairman Jerome Powell. US President Trump said that he never intended to remove Fed Chairman Powell before his term ended. A few days after calling him a “big loser” and urging him to cut interest rates, Trump now said, “The press runs away with things.” The US President said, “No intention to remove Fed Chairman Jerome Powell, Jerome Powell needs to be a little more active in reducing interest.”
What is the whole matter?
Recently, President Donald Trump attacked Federal Reserve Chairman Jerome Powell for not cutting interest rates. He said that if he wanted, he could fire him. “I am not happy with him (Jerome Powell),” Trump said in the Oval Office while answering questions from reporters during a visit with Italian Prime Minister Giorgia Meloni. The US President said, “If I wanted him out, he would be out very quickly, believe me.”
According to the information received, Fed Chairman Jerome Powell’s term is still some time away from ending. His term ends in May 2026. Powell was initially nominated by Trump in 2017 and was appointed for another four-year term by Democratic President Joe Biden in 2022.