Powell Finally Agrees With Trump Admin?
White House trade adviser Peter Navarro revealed Tuesday that Federal Reserve Chair Jerome Powell is being forced to shift his stance on interest rates — thanks to President Trump’s tariffs and economic agenda.
“Powell is finally reading the tea leaves,” Navarro told NewsNation’s The Hill. “Grudgingly, he’s coming around to the reality that keeping rates high makes no sense in Trump’s booming economy.”
Trump’s America First Shakeup at the Fed
Navarro stressed that Trump’s influence is reshaping the Fed itself. With Biden-appointee Adriana Kugler resigning, Trump is moving to install Stephen Miran, who will join two other members openly breaking with Powell’s policies.
“He’s a lame duck right now,” Navarro said of Powell. “Trump is changing the board — and changing the game.”
Trump Calls Powell “Too Late”
During his Jackson Hole speech last week, Powell admitted that policy may soon need “adjusting.” But Trump has blasted Powell as “Jerome ‘Too Late’ Powell” for dragging his feet and harming hardworking Americans.
On Truth Social, Trump wrote:
- “The damage Powell has done by always being too late is incalculable.”
- “Fortunately, the economy is sooo strong under my leadership that we’ve blown through Powell and his complacent board.”
The president even suggested he may allow a lawsuit against Powell for “gross incompetence” in his job.
Democrats Panic as Trump Takes Charge
Democrats are lashing out, claiming Trump is trying to “illegally influence” the Fed. Senate Minority Leader Chuck Schumer warned, “Donald Trump is playing Jenga with the economy.”
But conservatives see it differently: Trump is finally holding the Federal Reserve accountable after decades of globalist mismanagement.
Trump has already moved to fire Biden-era Fed officials like Lisa Cook and is replacing them with leaders loyal to the America First vision.
Bottom Line
For decades, the Fed was treated as untouchable by Washington elites. President Trump has shattered that illusion. By pressuring Powell, reshaping the Fed board, and standing up for Main Street America, Trump is making sure U.S. monetary policy serves the people — not Wall Street insiders.
This is historic economic leadership that Democrats can’t stop — no matter how loud they shout.