Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED
Video Credit: Oneindia - Duration: 04:02s - Published
Trump U-Turns On Fed Chair Powell: “Never Wanted To Fire Him” After Calling Him A ‘LOSER’ | U.S FED
President Trump now says he has “no intention” of firing Federal Reserve Chair Jerome Powell, despite calling him a “major loser” just days ago.
Trump’s sudden reversal—delivered in the Oval Office—comes after sharp criticism and market turbulence.
Wall Street surged on the news, as fears of a central bank shakeup faded.
Trump had previously accused Powell of failing to cut interest rates.
The about-face follows internal White House talks on removing Powell, who is legally protected until 2026.
Critics warned that firing him could destabilize the entire financial system.
#Trump #JeromePowell #FederalReserve #InterestRates #TrumpNews #FedChair #MonetaryPolicy #StockMarket #WallStreet #USPolitics #WhiteHouse #Powell #TrumpReversal #EconomicPolicy #CentralBank #BreakingNews #OvalOffice #TrumpStatement #FinanceNews #PowellProtected #RateCutDebate #TrumpFedClash #TrumpMarkets #USEconomy #PaulAtkins #TrumpSpeech #FinancialStability #KevinHassett #PowellUnderFire #PowellStays #TrumpvsPowell
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European Union officials fear US President Donald Trump may abandon efforts to broker peace in Ukraine. Despite campaign promises to end the war quickly, Trump has seen no major breakthroughs in his second term’s first 100 days. EU insiders suggest Trump may be crafting an exit narrative, frustrated by slow talks and Russia’s unwillingness to meet demands. Secretary of State Marco Rubio has warned the US may withdraw from the peace process. Meanwhile, Russia claims it’s ready for talks without preconditions but criticizes Ukraine’s lack of initiative.
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Investors flee US assets as Trump attacks Fed’s Powell and calls for rate cuts
Investors continued offloading US assets as the Trump administration seeks a way to dismiss Federal Reserve Chair Jerome Powell. Trump has demanded rate cuts, referring to Powell as “a major loser” in a social media post. The US dollar weakened to a three-year low.
READ MORE : http://www.euronews.com/2025/04/22/investors-flee-us-assets-as-trump-attacks-feds-powell-and-calls-for-rate-cuts
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Credit: euronews (in English) Duration: 01:30Published
Trump has launched a fiery attack on Federal Reserve Chair Jerome Powell, calling for his immediate termination after slamming the Fed’s latest economic report as a “complete mess.” Trump accused Powell of being “too late and wrong” on interest rate policy and compared him unfavorably to the European Central Bank, which just issued its seventh rate cut in a year. The outburst follows Powell’s stark warning that Trump’s sweeping tariffs could drive the U.S. into stagflation. With Powell’s term running through 2026 and legal protections in place, Trump’s demand has ignited a constitutional debate over presidential power and the independence of America’s central bank.
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READ MORE : http://www.euronews.com/2025/04/29/ukraine-and-russia-launch-drone-attacks-as-kyiv-dismisses-putins-three-day-truce
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Credit: euronews (in English) Duration: 01:20Published
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Sir Keir Starmer says talks on a potential ceasefire in Ukraine are "not at the end of the process" and any ceasefire has “got to be lasting, because I don’t trust Putin”. Asked about the suggestion the US could recognise Russia's annexation of Crimea; the prime minister tells broadcasters: "Ultimately that is a matter for the Ukrainians”. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
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