#TrumpVsPowell

In April 2025, President Donald Trump and Federal Reserve Chair Jerome Powell are locked in a public dispute over monetary policy. Trump, pushing for lower interest rates to boost the economy, has accused Powell of "playing politics" and demanded his resignation, even threatening termination. Powell, maintaining the Fed’s independence, insists that Trump’s tariffs are likely to fuel inflation and slow growth, complicating rate cuts. He argues for a cautious approach, prioritizing data-driven decisions to balance inflation and employment. This clash, intensified by market volatility, underscores tensions between political pressures and the Fed’s mandate, with Powell’s term secure until May .