Trump vs Powell

[MajorRewrite]

Trump lashed out at Fed chairman Powell because Powell dared to say true things about the economy. Doddering Donnie rules by tantrum.

Actually it’s a serious issue because Trump wants to end the Fed’s independence, which would be a disaster. Politicians should never control the Fed.

U.S President Donald Trump said on Thursday that Federal Reserve Chair Jerome Powell's termination "cannot come fast enough", while calling for the U.S. central bank to cut interest rates.

Powell warned Trump's tariff policies risked pushing inflation and employment further from the central bank's goals and said the Fed was "well positioned to wait for greater clarity".

Trump's comments come a day after Powell said at an event at the Economic Club of Chicago that the Fed's "independence is very widely understood and supported in Washington and in Congress where it really matters."

Authoritarian Donnie will try to take full control of the Fed before long. He may even tell the DoJ to bring Trumped-up charges against Powell.

 

[Noitall]

Authoritarian Donnie will try to take full control of the Fed before long. He may even tell the DoJ to bring Trumped-up charges against Powell.

as he should

the FFR should be 2% lower

 

[MajorRewrite]

as he should

the FFR should be 2% lower

Mentally disabled gullible MAGA sheep thinks Trump should control the Fed! I am shocked, SHOCKED!

 

[ll74]

The fed is independent and should remain so

 

[Fuzzy1975]

The fed is independent and should remain so

I'm thinking if Trump fucks with the Federal Reserve, it will quickly pass the depth of the 2008 financial crisis.

Not a good thing right now given all Trump's other financial fuck ups.

 

[Noitall]

^^^Buncha "certain people"

 

[MajorRewrite]

The Imbecile in Chief continues to lash out at the Federal Reserve chairman



Main points:

• biDeN’s eGg DiSaSteR
• “things”
• slowing … oops … SLOWING
• “lowered”
• Too Late
• major loser
• Sleepy Joe
• Kamala

Insightful!

 

[Politruk]

The fed is independent and should remain so

Trump certainly does not understand that. He thinks every government agency should obey him like every department of one of his businesses -- and don't try to explain to him that the Fed is not exactly a government agency.

 

[DeluxAuto]

The Imbecile in Chief continues to lash out at the Federal Reserve chairman

View attachment 2530170

Main points:

• biDeN’s eGg DiSaSteR
• “things”
• slowing … oops … SLOWING
• “lowered”
• Too Late
• major loser
• Sleepy Joe
• Kamala

Insightful!

The price of eggs just dropped by 473% solely based on this tweet!

 

[MajorRewrite]

The Federal Reserve didn’t change the target interest rate, despite Trump’s urging.

Fed holds rates steady, defying Trump’s call for cuts

Powell and the Fed pointed out that inflation remains above the desired level.

Fed chairman Jerome Powell in his afternoon press conference made it clear the central bank would take its time in the months ahead, saying the central bank does not "need to be in a hurry" as it evaluates how Trump’s aggressive tariffs affect employment and inflation and whether talks with America's largest trading partners change the outlook.

 

[whiskeytangofoxtrot]

Time, got to give it time to work through the economy. Inflation like we have not had in years. Yuge inflationary numbers. The August cabinet meeting the members can fall all over each other fawning over Trump and his jeeenius programs.

 

[Lazaran]

The Federal Reserve didn’t change the target interest rate, despite Trump’s urging.

Fed holds rates steady, defying Trump’s call for cuts

Powell and the Fed pointed out that inflation remains above the desired level.

• Inflation WILL spike once all the cheap stuff companies ordered ahead of the tariffs is off the shelves.

• The better than expected job numbers in April can be attributed to the increased purchases ahead of the tariffs.

• The HOT(ter) India & Pakistan conflict adds a new wrinkle to global economic issues.

• The Bond market is in flux.

The stock markets are holding up because, well, corporations, etc, are propping them up; and where else is excess foreign money really going to go right now.
(ALL of that ^ may be changing very soon.)

• The federal government (DonOld & the MAGAt republicans) have NOT come close to presenting (or agreeing on) a workable budget. (especially when it comes to taxes, defense spending, and their "promise" to NOT touch Social Security & Medicare, etc.)

Powell and the Fed are aware of all of the above.

The Fed has its work cut out for them…

.

We. Told. Them. So.

 

[MajorRewrite]

The Imbecile in Chief attacked Fed Chairman Powell again.



Fact check:

• Inflation continues to be above the target rate.
• Tariffs are a tax on importers and US consumers, so the money isn’t “pouring into the US”, it’s being taxed away from Americans into the government.
• Eggs are a real thing, so the word shouldn’t be in quotes.

oThEr tHaN ThaT, enJOy!

 

[heathrowinneo]

The Imbecile in Chief attacked Fed Chairman Powell again.

View attachment 2537124

Fact check:

• Inflation continues to be above the target rate.
• Tariffs are a tax on importers and US consumers, so the money isn’t “pouring into the US”, it’s being taxed away from Americans into the government.
• Eggs are a real thing, so the word shouldn’t be in quotes.

oThEr tHaN ThaT, enJOy!

everything is 'way down'. Sure. Powell is a much needed guard rail to keep the economy going. Mr. Bankruptcy doesn't understand how business works.

 

[MajorRewrite]

Trump continued to whine about Powell at a press conference:

The president added during an Oval Office press conference Thursday that he doesn't plan to meet with Powell, saying, "It's like talking to a wall."

Donnie, adults don’t pay attention to petulant children like you.

 

[MajorRewrite]

Trump vs Powell saga continues …

Federal Reserve issues rare statement asserting independence amid Trump pressure

The Federal Reserve issued a rare, strongly worded statement on Thursday after chair Jerome Powell spoke with Donald Trump at the White House Thursday morning, holding firm on the central bank’s independence amid pressure from Trump to lower interest rates.

 

[heathrowinneo]

Powell has enough smarts to know trump always looks for a fall guy or gal to take the hit for his decisions. Trump owns the mess he is creating and Powell is one of the few guardrails left.

 

[jomar]

The Imbecile in Chief continues to lash out at the Federal Reserve chairman

View attachment 2530170

Main points:

• biDeN’s eGg DiSaSteR
• “things”
• slowing … oops … SLOWING
• “lowered”
• Too Late
• major loser
• Sleepy Joe
• Kamala

Insightful!

If this nut wasn’t actually the POTUS his antics would be highly entertaining. A train wreck, but entertaining.

 

[MajorRewrite]

Trump is now blaming Powell and the Fed for any bad news about the economy. Typical petulant child behavior by Donnie.

"'Too Late' Powell must now LOWER THE RATE," Trump posted Wednesday on Truth Social. "He is unbelievable!!!"

Trump in his post referenced the new ADP National Employment Report out Wednesday showing private-sector hiring growth fell sharply last month.

Donnie’s motto: “The buck never stops here!”

 

[heathrowinneo]

Trump is now blaming Powell and the Fed for any bad news about the economy. Typical petulant child behavior by Donnie.



Donnie’s motto: “The buck never stops here!”

unless you are gifting that buck and you sign a release and nda, bahahahahaha

 

[MajorRewrite]

Trump’s weekly senseless rant about the Fed and Powell.

Trump rips Powell, suggests appointing himself to Fed

While Powell is the de facto leader of the FOMC as chair of the Fed board, he is but one of more than a dozen central bank officials who vote on the bank’s interest rate moves.

Even so, Trump has raged at Powell for more than seven years after the president elevated him to lead the Fed in 2017.

MAGA sheep admire that ranting moron.

Donnie has nobody but himself to blame:

Fed officials kicked off the year expecting to continue cutting interest rates as inflation drifted back toward its ideal annual level of 2 percent. But the bank has held off through the first half of 2025 amid the uncertainty driven by Trump’s tariff plans.

 

[Pad_Foot]

We have still not seen ‘rump’s tariffs in full first due to TACO
So? Powell will due NOTHinG with interest rates. ‘Rump is wasting his oh so Presidential rants

 

[MajorRewrite]

Trump lashed out at Federal Reserve Chairman Powell again today.

Trump Calls Powell An American Disgrace

(Every MAGA accusation is an admission )

President Donald Trump on Thursday continued his extraordinary and targeted verbal attacks on Federal Reserve Chair Jerome Powell, calling for a massive 2.5-point reduction in interest rates.

Despite appointing Powell to the role in 2017, Trump has frequently chastised the Fed chair for keeping rates higher than the president would like.

“‘Too Late’ Jerome Powell is costing our Country Hundreds of Billions of Dollars,” Trump posted on Truth SocialThursday. “He is truly one of the dumbest, and most destructive, people in Government, and the Fed Board is complicit.”

“TOO LATE’s an American Disgrace!” Trump continued.

 

[Baztrachian]

Actually it’s a serious issue because Trump wants to end the Fed’s independence, which would be a disaster. Politicians should never control the Fed.

You mean the Federal Reserve should be wholly unaccountable?

 

[MajorRewrite]

You mean the Federal Reserve should be wholly unaccountable?

I mean politicians should never control the Fed. It’s correctly an independent agency. The President can appoint new board members when their term expires.

The Fed’s independence is particularly important when an imbecile is in the White House.