Powell is drastically political. He needs to go. Economy is doing much better and he's penalizing homeowners and potential home buyers with this obstruction.
Jerome Powell
- Thread starter TigerGrowls
- Start date
I'd be willing to be this dude spends 2 hours a week helping America.
Tuberville talking about people being fired... This is the guy who held up every person being considered for promotion to general in the US military for almost a year. At least he's firing himself from the Senate and is going to concentrate on just messing up his home state of Alabama instead of doing it nation wide.
The half point cut just before the election ruined Powells credibility.
Donald J. Trump Truth Social 06.20.25 05:58 PM EST
“Too Late” Powell complains about costs, much of which were produced by the Biden Fake “Government,” but he could do the biggest and best job for our Country by helping to lower Interest Rates and, if he reduced them to the number they should be, 1% to 2%, that “numbskull” would be saving the United States of America up to $1 Trillion Dollars per year. I fully understand that my strong criticism of him makes it more difficult for him to do what he should be doing, lowering Rates, but I’ve tried it all different ways. I’ve been nice, I’ve been neutral, and I’ve been nasty, and nice and neutral didn’t work! He’s a dumb guy, and an obvious Trump Hater, who should have never been there, I listened to someone that I shouldn’t have listened to, and Biden shouldn’t have reappointed him. We have virtually No Inflation, our Economy is doing really well, and will soon be doing, with the tremendous Tariff Income coming in, and Factories being built all over the Country, better than it has ever done before. If he was concerned about Inflation or anything else, then all he has to do is bring the Rate down, so we can benefit on Interest Costs, and raise it in the future when and if these “other elements” happen (which I doubt they will!). Don’t say that you think there will be Inflation sometime in the future, because there isn’t now but, if there is, raise the Rates! We should be at the TOP of the attached List, not the bottom. I don’t know why the Board doesn’t override this Total and Complete Moron! Maybe, just maybe, I’ll have to change my mind about firing him? But regardless, his Term ends shortly!
The United States of America is the greatest country in the world yet it has to suffer with the highest interest rates of any first class country. Our Federal Reserve Chair is obviously afraid of his own shadow.
What was really sad about Powell’s comments is that he stated that tariffs contributed to “price increases in some of the relevant categories, like personal computers.” You would think Powell would know that there are no tariffs on personal computers. They currently don’t exist.
Semiconductors and computer tariffs come out after the Commerce Department finishes its analysis.
These high Interest Rates make no sense. Enough is enough!!!
Maybe
The massive tariffs and the impact on global supplies and inflation is a good reason and difference....
Imagine wanting a political party to sway how the FED/monetary system works.
Definitely doesn't scream checks/balances and independence.
Definitely doesn't scream checks/balances and independence.
If anyone else was saying it they’d be screaming tyranny from the rooftops. Since it’s Donnie from Queens, it’s all acceptable.
Let's send Jerome back home.
I just listened again to Jerome Powell testify. He goes out of his way to call out tariff price increases POTENTIALLY adding to inflation, as if he’s seen some, but,in fact, he testifies that over the last 2.5 months such inflationary price increases have not materialized. ZERO. He literally states that “the overall inflation picture is pretty positive.” What he avoids discussing is the incredible revenue increase the US has received from these tariffs. Our current run rate exceeds $30 billion per month. $30 billion per month in cash received by the US Treasury to reduce our deficit and lower the amount we need to borrow. Low inflation coupled with impressive increased revenues is why our interest rates should be lowered. Lower interest rates will reduce our deficit by dropping our borrowing costs, and will spur economic growth which drives tax revenues even higher. Win, win, win.
That’s why President Trump calls Powell a loser. Because Powell would rather ignore the tariff revenues and keep US rates the highest in the world (for a first class country) because he’s afraid to act. Each 1% cut saves the US hundreds of billions of dollars in interest payments. He should help our economy grow while shrinking our deficit. It is a simple formula. There is no inflation; he just testified to it.
Just cut our interest rates, our deficit will naturally shrink and our economy will soar. Jerome Powell—your job is to help Americans not hurt them, so do your job and CUT our absurdly high Interest rates at your next meeting.
I just listened again to Jerome Powell testify. He goes out of his way to call out tariff price increases POTENTIALLY adding to inflation, as if he’s seen some, but,in fact, he testifies that over the last 2.5 months such inflationary price increases have not materialized. ZERO. He literally states that “the overall inflation picture is pretty positive.” What he avoids discussing is the incredible revenue increase the US has received from these tariffs. Our current run rate exceeds $30 billion per month. $30 billion per month in cash received by the US Treasury to reduce our deficit and lower the amount we need to borrow. Low inflation coupled with impressive increased revenues is why our interest rates should be lowered. Lower interest rates will reduce our deficit by dropping our borrowing costs, and will spur economic growth which drives tax revenues even higher. Win, win, win.
That’s why President Trump calls Powell a loser. Because Powell would rather ignore the tariff revenues and keep US rates the highest in the world (for a first class country) because he’s afraid to act. Each 1% cut saves the US hundreds of billions of dollars in interest payments. He should help our economy grow while shrinking our deficit. It is a simple formula. There is no inflation; he just testified to it.
Just cut our interest rates, our deficit will naturally shrink and our economy will soar. Jerome Powell—your job is to help Americans not hurt them, so do your job and CUT our absurdly high Interest rates at your next meeting.
Sad fact is all these “higher-ups” are on the take or people have video of them with young kids or goats.
Even worse they know where their family lives and sleeps.
They are getting money or afraid for their family.
When inflation starts to hit, and it will, will anyone give Powell credit for being correct to be cautious?
Raising interest rates drastically during a democrat in office, not one peep.
Keeping interest rates at a consistent level to be cautious while a republican is in office, he should be fired.
The party of logic right?
Keeping interest rates at a consistent level to be cautious while a republican is in office, he should be fired.
The party of logic right?
The Federal Reserve is overseen by the Board of Governors, which is headed by the Chair of the Federal Reserve. As of now, Jerome Powell serves as the Chair.
Federal Reserve governor Michelle Bowman says bank should consider cutting rate in July
Because tariff effects may be smaller than expected
The Federal Reserve is overseen by the Board of Governors, which is headed by the Chair of the Federal Reserve. As of now, Jerome Powell serves as the Chair.
Federal Reserve governor Michelle Bowman says bank should consider cutting rate in July
Because tariff effects may be smaller than expectedfortune.com
Yep. He has open dissention in the ranks.
Yeah, that's how it works.
Why are MAGAS so clueless about how stuff functions? It's borderline laughable.
