tradingkey.logo

Trump says Fed's Powell should be put 'out to pasture'

ReutersAug 1, 2025 6:41 PM

WASHINGTON, Aug 1 (Reuters) - U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be "put out to pasture."

He made the comments in a Truth Social post, where he ordered the firing of U.S. Bureau of Labor Statistics, Erika L. McEntarfer.

"The Economy is BOOMING under 'TRUMP' despite a Fed that also plays games, this time with Interest Rates, where they lowered them twice, and substantially, just before the Presidential Election, I assume in the hopes of getting 'Kamala' elected – How did that work out? Jerome 'Too Late' Powell should also be put 'out to pasture,'" Trump wrote.

Reviewed byHuanyao Fang
Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Related Articles

KeyAI