#TrumpVsPowell #TrumpVsPowell — hot topic!
Here’s the quick background:
Donald Trump has been publicly criticizing Jerome Powell (Chair of the Federal Reserve) again as part of his 2024–2025 election campaign.
Trump blames Powell for:
High interest rates hurting the economy.
Slow economic growth and fears of a recession.
Making Biden look better by possibly cutting rates after the election (Trump claims the Fed is being political).
Trump has hinted that if he wins in November 2025, he might try to replace Powell (even though Powell’s term runs until 2026).
Trump also criticized the Fed’s handling of inflation — saying Powell “overreacted” and is now “too slow to fix the damage.”
Powell, on the other hand, has stayed mostly neutral publicly, emphasizing the Fed’s independence and focus on "data-driven decisions" — not politics.
Big picture:
Markets are now pricing in extra volatility around the election because if Trump wins, he could dramatically shift Fed leadership and policy direction (more pro-growth, maybe faster cuts).
Want a quick timeline of Trump vs Powell clashes from 2018 to 2025? It’s wild how long this feud has been going!