Trump Holds Critical Meeting

WASHINGTON, D.C. – President Donald J. Trump met Thursday with Federal Reserve Chairman Jerome Powell at the White House, voicing strong opposition to the Fed’s ongoing refusal to cut interest rates — a move he believes is critical to defending the U.S. economy and protecting American retirees and working families.

The meeting, which focused on key economic issues including job growth, inflation, and monetary policy, came as President Trump continues to push for lower borrowing costs to combat inflation and spur investment. According to the Federal Reserve, Powell was invited to discuss “economic developments,” but insiders say the president made his frustrations crystal clear.

“The president told Chairman Powell directly that holding interest rates steady is putting America at an economic disadvantage — especially against China,” said White House Press Secretary Karoline Leavitt.

Trump: Fed’s Inaction Hurts American Families

The president has been vocal in recent weeks, warning that the Fed’s hesitation to cut rates is hurting retirement savings, small businesses, and consumer confidence.

“He believes the Fed is making a serious mistake,” Leavitt added, “by ignoring real-world consequences of high interest rates on the American people.”

When asked if Trump intends to replace Powell, Leavitt responded firmly: “No.”

Fed Remains Cautious, Despite Pressure

Chairman Powell refused to comment on future policy decisions, instead repeating that monetary changes would “depend on incoming economic data.” But critics say this approach ignores the urgency of the economic challenges facing American households today.

Trump, who appointed Powell in 2017, has expressed repeated disappointment in the Fed’s inaction, describing conversations with Powell as “like talking to a wall.”

“Too Late” Powell Under Fire From Trump, Vance

The president has previously called Powell “Too Late” and a “fool” for refusing to adapt Fed policy in response to the changing economy. While Powell maintains a cautious strategy, Trump argues that inaction is costing Americans dearly.

Vice President J.D. Vance recently joined the criticism, saying Powell is “a nice guy” but “wrong about almost everything.”

No Plans to Fire Powell, But Pressure Mounts

Last month, speculation swirled over whether President Trump might remove Powell from his post. Trump swiftly shut down those rumors, affirming he had “no intention” of firing the chairman — but the message is clear: the Fed is under pressure.

For older Americans concerned about preserving their life savings, navigating economic uncertainty, and restoring U.S. economic leadership, the stakes couldn’t be higher.

President Trump’s push for lower interest rates is part of a broader America First economic agenda — one aimed at keeping the country competitive, prosperous, and secure.