Three Times a Day, Trump Lambasts Fed: Fed Should Have Cut Rates Earlier, Powell Playing Politics, Should Have Been Fired Long Ago
Original Title: "Trump Calls for Fed to Cut Rates, Says Powell's Job Is Safe 'for Now'"
Original Authors: Zhang Yaqi, Li Dan, Wall Street News
While the European Central Bank has been cutting rates repeatedly, Federal Reserve Chairman Powell has been reluctant to follow suit. U.S. President Trump seems to be getting impatient, calling out Powell three times in one day and demanding a rate cut, even going as far as saying Powell should have been fired long ago.
On Thursday morning, Trump took to social media posting:
· Always too late and wrong, Federal Reserve Chairman Jerome Powell yesterday released a report, which was again a typical, complete "confusion"!
· Powell should have lowered rates like the European Central Bank, but he should do it now for sure. The sooner Powell resigns, the better!
During Thursday's midday trading session, Trump called out Powell two more times.
Trump said, "I don't think Powell's doing a good job. If I wanted to, I would be able to fire him. Powell is not making me happy. He is always very late to act."
Trump accused Powell of playing politics, saying he is very bad at it. U.S. rates have gone up, and rates should be going down. Powell should cut rates. Trump also used Europe as a comparison, noting that Europe is cutting rates.
After a few minutes, Trump "attacked" Powell again, stating that the Fed should cut rates, which is what the Fed owes the American people. Powell will face significant political pressure.
Trump said Powell's only good move would be to cut rates. If Europe cuts rates and the Fed does nothing, the U.S. will be at a disadvantage. Costs will go down, and U.S. inflation will be very low.
Trump's comments were clearly in response to Powell's hawkish statement from the night before. On Wednesday, Powell reiterated his stance from over a week ago, stating that the Fed "can certainly wait until [the situation] is more clear and then consider adjusting our policy stance." Powell believes that the Fed should avoid a sustained rise in inflation due to Trump's policies such as tariffs, which introduce a high level of uncertainty to the economy.
In fact, Trump has long been dissatisfied with Powell. Trump believes that Powell is "slow" and "acts too slowly" in fighting inflation. He has repeatedly urged for rate cuts on social media, asking Powell to "move quickly."
US Supreme Court Decision May Affect Powell's Tenure
On Monday, rumors circulated from the White House about a possible Fed "leadership change." U.S. Treasury Secretary Mnuchin stated that he and Trump "have been discussing the person who will be the next Federal Reserve chairman and plan to begin interviewing potential candidates in the fall.
This statement has reignited speculation about changes in the Fed's leadership. Renowned financial analyst Jim Bianco believes that Powell may face two fates: either be directly dismissed by Trump, or be sidelined, as Powell's successor's nominator can make statements to undermine his authority.
Notably, a Supreme Court ruling in May this year could become a "black swan" event this summer. Trump's administration is preparing to ask the Supreme Court to dismiss two senior officials from federal agencies.
Some analysts point out that the final ruling in this case is a test of "whether Trump has the power to dismiss Fed Chair Powell"—although the current Federal Reserve Act stipulates that the dismissal of the Fed Chair must have "just cause," overturning the precedent of the "Humphrey's Executor" case would undoubtedly greatly weaken this protective barrier and open the door to presidential intervention in the Fed's operations.
In other words, by changing the rules of law, Trump may be able to "easily" dismiss the Fed Chair in the future.
On Wednesday, when asked about the political threats facing the Fed Chair position, Powell said that the Fed's independence is granted by U.S. law, and the government cannot unjustifiably remove Fed officials. He said, "The independence of the Fed is a legal issue."
Powell stated that the Fed will continue to do its job without political influence. Regardless of any political pressure, the Fed will carry out its responsibilities.
Te puede gustar

Trust Wallet Sufre un Hackeo que Lleva a la Pérdida de 3,5 Millones de Dólares
Key Takeaways Un hackeo a Trust Wallet resultó en una pérdida de 3,5 millones de dólares para el…

Trust Wallet Resuelve Brecha de Seguridad en Extensión del Navegador
Key Takeaways Trust Wallet solucionó una brecha de seguridad en la versión 2.68 de su extensión de navegador…

Los Gigantes de Ethereum Acumulan Monedas: Reflexiones y Predicciones para el Futuro
Key Takeaways En la última semana, grandes inversores han incrementado su posesión de Ethereum (ETH) de forma significativa.…

Bitcoin Experimenta Menor Riesgo de Caída: ¿Un Cambio en el Horizonte?
Key Takeaways Matrixport destaca una disminución marginal en el riesgo bajista de Bitcoin, situando el mercado en un…

Fed Q1 2026 Outlook: Potential Bitcoin and Crypto Market Impacts
Key Takeaways Fed pauses on rate cuts could put pressure on the crypto market, but “stealth QE” measures…

Ethereum en 2026: Forks Glamsterdam y Hegota, y escalado de L1
Key Takeaways En 2026, se espera que Ethereum implemente el fork Glamsterdam, mejorando el procesamiento paralelo perfecto y…

Kraken IPO y las Fusiones y Adquisiciones para Reavivar el Ciclo ‘Intermedio’ de Criptomonedas
Key Takeaways El próximo IPO de Kraken y las fusiones y adquisiciones estratégicas podrían atraer capital nuevo desde…

Volumen de derivados de criptomonedas se dispara a $86 billones en 2025, promediando $265 mil millones por día
Aspectos Clave El comercio de derivados de criptomonedas alcanzó los $86 billones en 2025, con un promedio diario…

Amenazas de ingeniería social que costaron miles de millones en 2025: Cómo protegerte
Principales conclusiones: La mayoría de los ataques criptográficos en 2025 no surgieron de errores de código, sino de…

Trust Wallet Cubre Pérdidas de 7 Millones de Dólares por Hackeo el Día de Navidad: Insiders en la Mira
Key Takeaways Trust Wallet sufrió un ataque que resultó en la pérdida de $7 millones en criptomonedas durante…

Aave governance vote ends in rejection after community feedback
Key Takeaways Aave’s governance proposal to place control of brand assets under DAO ownership was rejected by the…

Una Feliz Navidad, Caroline Ellison: Aquí un adelanto de su liberación de custodia
Key Takeaways Caroline Ellison, la ex directora ejecutiva de Alameda Research, será liberada de prisión antes de lo…

Consejos para Cripto Principiantes, Veteranos y Escépticos de un Bitcoiner que Sepultó $700M
Key Takeaways Educación fundamental: Antes de invertir en criptomonedas, entender cómo funcionan las blockchain y el propósito de…

Quantum computing en 2026: No hay un día del fin para las criptomonedas, pero es momento de prepararse
La computación cuántica aún no representa una amenaza inminente para Bitcoin y otras criptomonedas, sin embargo, los preparativos…

Los sueños de Bitcoin de El Salvador acercados a la realidad en 2025
Key Takeaways En 2025, los planes de adopción de Bitcoin de El Salvador enfrentaron desafíos debido a las…

Ethereum poco probable que alcance nuevos máximos en 2026: análisis de Ben Cowen
Key Takeaways Ben Cowen, analista de criptomonedas, cree que Ethereum probablemente no alcanzará nuevos máximos en 2026 debido…

El token financiero World Liberty de Trump termina 2025 con una caída de más del 40%
Key Takeaways: El proyecto criptográfico del Trump presenta una disminución importante en el valor del token financiero World…

Blockchains se preparan en silencio para la amenaza cuántica mientras Bitcoin debate el cronograma
Los blockchains altcoin están tomando medidas para protegerse contra los riesgos cuánticos a largo plazo, mientras Bitcoin enfrenta…
Trust Wallet Sufre un Hackeo que Lleva a la Pérdida de 3,5 Millones de Dólares
Key Takeaways Un hackeo a Trust Wallet resultó en una pérdida de 3,5 millones de dólares para el…
Trust Wallet Resuelve Brecha de Seguridad en Extensión del Navegador
Key Takeaways Trust Wallet solucionó una brecha de seguridad en la versión 2.68 de su extensión de navegador…
Los Gigantes de Ethereum Acumulan Monedas: Reflexiones y Predicciones para el Futuro
Key Takeaways En la última semana, grandes inversores han incrementado su posesión de Ethereum (ETH) de forma significativa.…
Bitcoin Experimenta Menor Riesgo de Caída: ¿Un Cambio en el Horizonte?
Key Takeaways Matrixport destaca una disminución marginal en el riesgo bajista de Bitcoin, situando el mercado en un…
Fed Q1 2026 Outlook: Potential Bitcoin and Crypto Market Impacts
Key Takeaways Fed pauses on rate cuts could put pressure on the crypto market, but “stealth QE” measures…
Ethereum en 2026: Forks Glamsterdam y Hegota, y escalado de L1
Key Takeaways En 2026, se espera que Ethereum implemente el fork Glamsterdam, mejorando el procesamiento paralelo perfecto y…
Monedas populares
Últimas noticias cripto
Atención al cliente:@weikecs
Cooperación empresarial:@weikecs
Trading cuantitativo y CM:[email protected]
Servicios VIP:[email protected]