#PowellSpeech
📅 Latest News (June 2025)
Work Data: In April–May, job creation was weak (ADP reported only 37,000 new jobs). President Trump is strongly pressuring Chair Powell to cut interest rates.
Trump–Fed Meeting: On May 29, 2025, President Trump summoned Fed Chair Powell to the White House. Powell firmly stated, "Fed policy will be based solely on economic data, not political pressure."
Independence Protection: It is widely believed that the President cannot remove Chair Powell without “cause” (i.e., misconduct or incapacity).
