OMB director: Powell has 'grossly mismanaged' Fed | LiveNOW from FOX
July 11, 2025
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9:02Now PlayingOMB director: Powell has 'grossly mismanaged' Fed | LiveNOW from FOX
YouTube Description
as posted by the channelPresident Donald Trump is upping the pressure to get the Federal Reserve chairman to either lower interest rates or even quit his job by targeting renovations at the central bank’s headquarters. LiveNOW’s Andrew Crash is speaking with Dave Hebert, Ph.D, a senior research fellow at AIER.
“LOWER THE RATE!!!” Trump wrote on social media on Thursday.
"Well, then he should resign immediately. We should get somebody in there that's going to lower interest rates," Trump said when speaking about Chairman Jerome Powell. "It's OK with me, I think he's terrible. I think, look, we're paying – I call him Too Late. T-o-o, too late, like 'Too Tall' Jones for the Dallas Cowboys. Too Late," Trump said earlier in the week.
Bill Pulte, the Trump-appointed director of the Federal Housing Finance Agency said, “I am asking Congress to investigate Chairman Powell, his political bias, and his deceptive Senate testimony, which is enough to be removed ‘for cause.’” Pulte said the situation “stinks to high heaven.”
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