President Donald Trump may have called Federal Reserve Chair Jerome Powell a “major loser” in a scathing Truth Social post this week, but don’t expect any pink slips just yet. When asked directly on Tuesday whether he intends to fire Powell, Trump gave a blunt, classic Trump response: “No. None whatsoever. Never did. The press runs away with things.”
That doesn’t mean Powell’s off the hook. Not by a long shot. Trump made it clear he expects action—and soon. “This is a perfect time to lower interest rates,” he said. “If [Powell] doesn’t, is it the end? No, it’s not, but it would be good timing.” In Trump-speak, that’s not just a casual suggestion. It’s a warning.
Trump has spent months pressing for rate cuts as a way to ignite the economy and deliver prosperity back to Main Street America. He’s not wrong. Inflation has cooled. Energy prices are down. Even grocery bills—eggs, in particular, the poster child of Biden-era price hikes—have dropped. Yet Powell and the Fed remain paralyzed, clinging to outdated fears and tired talking points about inflation. Trump rightly called out the Fed’s inaction as both a missed opportunity and a serious misstep.
“Preemptive cuts” are being called for by many, Trump posted. “With these costs trending so nicely downward, just what I predicted they would do, there can almost be no inflation, but there can be a SLOWING of the economy unless Mr. Too Late, a major loser, lowers interest rates, NOW.”
He’s not just venting. He’s calling attention to a real failure in leadership. While Europe has already moved to cut rates seven times, the Federal Reserve is stuck in neutral. Powell’s only recent move has been to raise the prospect of hikes—an unbelievable step backward when American consumers are still recovering from Biden’s wreckage. Worse, Powell recently warned that Trump’s America First tariff policies could trigger inflation. That’s not just out of touch—it’s a flat-out political jab, wrapped in an economic forecast.
Let’s not forget: this is the same Fed chair who cut rates in time to help the Democrats heading into 2020. Suddenly now, with Trump back in charge, we’re supposed to believe he’s concerned about inflation? The pattern is hard to ignore. The timing speaks volumes. And the average American knows the Fed doesn’t exist to manipulate elections or protect globalists—it exists to serve the interests of the U.S. economy.
Trump’s message is simple: stop playing games and start cutting rates. The economy’s engine is primed and ready—what we need now is fuel. That means access to credit, lower borrowing costs for families and small businesses, and a monetary policy that works for the American people—not against them.
The bottom line is this: the Fed’s job is not to act like a global referee or to punish Americans for wanting to bring manufacturing home. Its job is to support stable growth and strong employment. Right now, Powell is dragging his feet while the rest of the world moves forward.
Trump isn’t calling for a firestorm. He’s calling for common sense. He wants a Fed that gets ahead of problems—not one that reacts too late and lets opportunity pass us by. He’s not firing Powell today, but the message is clear: deliver results, or get out of the way. America doesn’t have time for indecision. We need bold leadership, and we need it now.
Trump’s push for lower rates isn’t about Wall Street—it’s about your street. It’s about helping the American worker afford a mortgage again. It’s about helping business owners expand, invest, and hire. It’s about getting our economy roaring, not crawling.
So Powell stays—for now. But make no mistake, the spotlight’s on him. And if he continues putting globalist caution ahead of American growth, President Trump won’t hesitate to call it like it is—again.
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