#TrumpVsPowell

In April 2025, President Donald Trump intensified his longstanding feud with Federal Reserve Chair Jerome Powell, criticizing Powell’s decision to maintain current interest rates amid escalating inflation and economic uncertainty. Trump publicly called for Powell’s termination, accusing him of “playing politics” and failing to act in the nation’s best interest. Despite Trump’s assertions, Powell reaffirmed the Fed’s independence, emphasizing the need to assess the full impact of recent tariffs before adjusting monetary policy. This clash underscores the ongoing tension between the executive branch and the central bank over the direction of U.S. economic policy.