Trump Not Firing Jerome Powell?

Trump Economy Alert: Market Insider Kevin O’Leary Defends Trump’s Tariff Plan, Calms Fed Chair Tensions

Conservative businessman and Shark Tank star Kevin O’Leary says he doesn’t believe President Donald Trump will remove Federal Reserve Chair Jerome Powell, despite recent criticism from the president over high interest rates and their potential impact on the economy.

“You don’t want to rattle the Fed. The markets depend on stability,” O’Leary said in a Monday interview on The Hill via NewsNation. “Trump won’t fire Powell. Cooler heads will prevail.”

Trump Slams Fed Chair as Economy Faces Pressure

President Trump has been vocal in recent weeks about the Federal Reserve’s refusal to cut interest rates, arguing that Powell’s inaction could slow down the pro-Trump economic boom. On Truth Social, Trump referred to Powell as “Mr. Too Late” and urged an immediate reduction in interest rates to support American growth.

“The economy could begin to stall unless Mr. Too Late—who’s been a total failure—cuts interest rates immediately,” President Trump warned in a post.

O’Leary, however, reassured viewers that despite the rhetoric, the president understands the importance of a strong and independent Fed.

“Look for the signal, not the noise,” O’Leary advised. “Trump’s not going to shake the foundation of the markets.”

O’Leary Cheers Trump’s 400% Tariff Vision on China

While calming fears about a Federal Reserve shake-up, O’Leary enthusiastically endorsed Trump’s hardline stance on China, calling the current trade showdown with President Xi Jinping a strategic power play.

“This is a game of chicken between Trump and Xi,” O’Leary said. “It’s not just about trade anymore. It’s about intellectual property, market access, and protecting American interests.”

He went further, calling for bold action:

“I say hit them with a 400% tariff. Freeze goods at the ports. Wake up the world. That’s how you get real leverage.”

O’Leary’s comments echo the growing sentiment among Trump-aligned business leaders who believe America must get tougher on China’s economic abuses, especially in the areas of tech theft, financial manipulation, and unfair trade deals.

Why It Matters to Retirees and Investors

For millions of conservative Americans nearing or enjoying retirement, the stakes are high. High interest rates can erode retirement investments, while unfair trade with China undercuts American manufacturing and threatens jobs. President Trump’s plan to cut rates and level the playing field with China is gaining traction.

“Trump gets it,” O’Leary said. “You’ve got to be bombastic. The world listens when America leads.”

Final Word: A Strong Economy Demands Strong Leadership

As the president pushes back against the globalist status quo and fights for a fairer economy, voices like Kevin O’Leary are reinforcing his pro-growth, pro-America message.

In uncertain times, President Trump is proving once again that bold leadership is what puts America First.