Trump Calls for Replacement of Jerome Powell

Former U.S. President Donald Trump has criticized Federal Reserve Chairman Jerome Powell, suggesting he should be replaced. Trump voiced these opinions via Truth Social, highlighting his discontent with the Federal Reserve's interest rate decisions made before the presidential election.


Devdiscourse News Desk | Updated: 02-08-2025 00:36 IST | Created: 02-08-2025 00:36 IST
Trump Calls for Replacement of Jerome Powell
Jerome Powell

In a recent Truth Social post, former U.S. President Donald Trump criticized Federal Reserve Chairman Jerome Powell, suggesting he should be "put out to pasture."

Trump's comments also targeted Erika L. McEntarfer from the U.S. Bureau of Labor Statistics, calling for her dismissal.

The former president argued that the economy flourished during his term, despite the Federal Reserve's problematic interest rate adjustments ahead of the presidential election.

(With inputs from agencies.)

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