Trump and Italian Prime Minister Giorgia Meloni held a press conference on Thursday afternoon, and he said,” Oh, he’ll leave if I ask him to, he’ll be out of there.” Trump previously stated on social press that Powell’s departure” may come immediately enough.”
When asked if he was attempting to force Powell out, the president replied,” If I want him up, he’ll get out pretty quickly. Consider me.
Trump has attacked Powell, who is the head of an organization that is set up to become independent of the president, after the president claimed there might be a “temporary rise in inflation” as a result of the administration’s punitive tariffs on U.S. trading partners. Trump has even sneered at Powell’s rate reduction rate.
Trump continued,” I don’t think he’s doing the job.” He’s constantly too soon, and often too soon. Little sluggish, and I’m not delighted with him.
Trump addressed Powell on Truth Social before the Oval Office meet, blaming the Fed’s decision to lower rates.
” To Later” Jerome Powell of the Fed, who is always TOO Soon AND Bad, released a statement yesterday that was another, standard, complete “messe”!” Trump tweeted on Thursday night. Powell’s cancellation is not quick enough!
Trump later gave more details about his thinking when questioned about firing Powell over the price breaks.
” Well, I believe he ought to implement the price breaks. Because I believe that if Europe has done it, it will put us at a risk to Europe. He plays into their arms, Trump said,” I mean.” So I believe he ought to implement the price reductions. Actually, there is no inflation then. I simply stated that the most important things are happening. Fuel is fantastic. Oil is far ahead of schedule, which is due to our plans.
TRUMP TRASHES POWELL AS” THE Cancellation OF A Given CHAIRMAN, TOO Soon AND WRONG, AND
Trump continued,” And I told you that in some states, we have less than$ 2 for gasoline and food.” ” Groceries, as we call them, are over. Everything is over, aside from interest charges.
During Trump’s first word, Powell was appointed Fed president in 2018. In 2022, former President Joe Biden appointed him to a second word. The president’s name is scheduled to run out in May 2026.
