Trump calls Fed Chairman Powell a 'fool' but despite relentless attacks, he may be keeping him around for one key reason

Travel and Leisure Travel and Leisure

Thu, May 8, 2025

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Trump calls Fed Chairman Powell a 'fool' but desp .. , he may be keeping him around for one key reason

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Trump calls Fed Chairman Powell a 'fool' but despite relentless attacks, he may be keeping him around for one key reason

^{Published on 2025-05-08 15:26:37 - Fortune}

Trump previously said he could remove Powell "real fast," but has since backed down.

In an article published on May 8, 2025, by Fortune, it is discussed that former President Donald Trump has been publicly critical of Federal Reserve Chairman Jerome Powell, suggesting that Powell might be used as a "fall guy" for economic issues. Trump's comments come amidst ongoing tensions between him and the Fed, with the former president accusing Powell of mismanaging the economy. The article delves into the potential political motivations behind Trump's statements, the impact of such public criticism on the Fed's independence, and the broader implications for U.S. economic policy. It also explores how Powell's responses to these criticisms have been measured, aiming to maintain the Fed's autonomy while navigating the political landscape.

Read the Full Fortune Article at:
[ https://fortune.com/2025/05/08/donald-trump-fed-chairman-jerome-powell-conflict-fool-fall-guy/ ]

N@N

Trump calls Fed Chairman Powell a 'fool' but despite relentless attacks, he may be keeping him around for one key reason