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Trump calls for the dismissal of Fed Chairman Powell: "Can't come fast enough"
Trump is going after Fed Chairman Jerome Powell again. The highest US court suspends the deportation plan of the US President.
2025-04-19 10:30:09
Economy
Finance
Business
Trump's Tensions with Federal Reserve Intensify
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Former President Donald Trump has escalated his criticism of Federal Reserve Chair Jerome Powell, urging for immediate interest rate cuts and calling for Powell’s dismissal. Trump's rhetoric reflects growing frustration with the Fed's policies, which he believes hinder economic growth.
However, financial experts warn that firing Powell could establish a troubling precedent, further politicizing the Federal Reserve. Anthony Pompliano and Senator Elizabeth Warren have voiced concerns that such actions could erode investor confidence and destabilize the financial markets.
As discussions around stablecoins and the Fed's role in the economy continue, the implications of Trump’s statements highlight ongoing tensions between political leadership and economic governance.
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Trump asks 'too late Jerome Powell' to cut interest rates, calls for his dismissal
On Apr. 17, President Donald Trump called on Federal Reserve's “too late” chair Jerome Powell to lower interest rates now. "Powell’s termination cannot come fast enough!," he added.
This is a developing story.
derstandard
Conflict between Trump and Fed Chair Powell escalates
After warnings from Federal Reserve Chairman Jerome Powell about economic problems due to Trump's policies, the president has sharply attacked the central banker. Is an escalation looming?
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Trump firing Powell would be a ‘very bad precedent to set’ — Pompliano
Anthony Pompliano cautioned against President Trump's threat to fire Federal Reserve Chair Jerome Powell, stating it would set a dangerous precedent and worsen the Fed's politicization. Pompliano acknowledged his criticisms of the Fed but argued that retaliatory actions are inappropriate. Senator Elizabeth Warren echoed these concerns, warning that such a move could undermine investor confidence and destabilize US capital markets. The discussion follows Powell's comments on the necessity of a..
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