Trump says Fed’s Powell should be put ‘out to pasture’

WASHINGTON (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.

(Reporting by Jasper Ward)

More From Author

Republican US Representative Brian Steil booed over Trump tariffs

AI gains and strong earnings support Wall Street as tariff woes linger

Live Market Pulse

The charting technology is provided by TradingView. Learn how to use theTradingView Stock Screener.