Trump Reverses Plan To Fire Who?
President Donald Trump sets the record straight on Federal Reserve Chairman Jerome Powell — and calls for urgent action to boost the U.S. economy.
WASHINGTON, D.C. — In a powerful statement Tuesday, President Donald J. Trump addressed growing speculation about Federal Reserve Chairman Jerome Powell’s future. Trump made it crystal clear: he has no plans to fire Powell, despite increasing frustration with the Fed’s refusal to lower interest rates amid economic uncertainty.
“I never intended to fire him,” Trump stated. “But I do believe it’s the right time to cut interest rates. The economy needs that extra lift.”
While legacy media rushed to spin the story, Trump reaffirmed his position: he wants the Fed to take immediate, pro-growth action — not sit on the sidelines while American families and retirees face rising costs.
🔻 Why Trump Is Urging Lower Interest Rates
The Federal Reserve’s decision to hold off on rate cuts has drawn sharp criticism from the President, who argues that reducing interest rates now could prevent a slowdown, protect jobs, and fight inflation.
Trump believes the Fed’s inaction could hurt average Americans—especially seniors on fixed incomes, middle-class families, and small business owners.
“It’s not the end of the world if rates don’t come down now,” Trump said. “But it would be the perfect time to act.”
💥 Trump Slams Powell’s Past Decisions
Earlier this week, Trump referred to Powell as a “major loser,” suggesting that the Fed’s previous decisions appeared to favor former President Joe Biden’s economic narrative.
That comment sent shockwaves through financial media outlets, but many conservative voters see it as Trump holding bureaucrats accountable — a core tenet of his America First agenda.
🛡️ Can Trump Fire Powell? Not So Fast…
While the President can voice his concerns, firing a Federal Reserve Chair is no simple task. A Supreme Court precedent dating back nearly a century protects Powell unless there is proven misconduct or gross negligence. Powell himself has stated he plans to serve through his full term ending in 2026.
🏛️ White House Defends Trump’s Tough Stance
A White House spokesperson backed up Trump’s right to express displeasure, especially with an agency that directly influences interest rates, inflation, and economic growth. Conservatives across the country agree: it’s time the Fed works for the people—not the political elite.
Meanwhile, reports suggest White House economic advisors, including Kevin Hassett, have looked into legal mechanisms for removing Powell—but no official move has been made.
✅ Key Takeaways for Conservative Americans
- President Trump supports cutting interest rates now to boost economic growth.
- Fed Chair Powell’s job is safe—for now—but under pressure to deliver results.
- The Trump administration continues to fight for middle-class Americans and seniors impacted by inflation and high borrowing costs.
- Federal Reserve policy has real-world consequences, especially for retirees, veterans, and working families.