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Trump Slams Fed Chair Powell, Demands Immediate Rate Cuts

August 1, 2025
in Editor's pick
Trump Slams Fed Chair Powell, Demands Immediate Rate Cuts

The post Trump Slams Fed Chair Powell, Demands Immediate Rate Cuts appeared first on Coinpedia Fintech News

President Donald Trump sharply criticized Federal Reserve Chair Jerome Powell, calling him “too late” and a “stubborn moron,” and urged an immediate, significant cut in interest rates. He argued that quick action is necessary, and if Powell refuses, the Federal Reserve Board should step in to make the needed cuts. Trump’s remarks highlight the mounting pressure on the Fed to take decisive steps to address current economic concerns.

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