Staff Reports
In a recent interview, President Trump took aim at Federal Reserve Chairman Jerome Powell, revealing some harsh truths that many hardworking Americans have long sensed. Trump boldly criticized Powell’s ability to steer our economic ship, labeling him a “numbskull” for mismanaging our monetary policy and for his outrageous renovations of the Fed’s headquarters. With a budget ballooning to $2.5 billion and a $700 million overspend, it’s clear that Powell is living in a different world—one where taxpayer dollars can be wasted without a second thought.
The president’s hesitance to fire Powell raises important questions. Shouldn’t we expect accountability in leadership? Instead, we’re seeing a pattern of liberal incompetence that hinders our economic growth. Powell’s failure to lower interest rates puts American businesses and homeowners at a disadvantage compared to Europe, where interest rates have been slashed multiple times. This isn’t just a minor oversight; it’s economic malpractice that stifles potential growth. If the Fed had acted in the best interest of American workers, we could have been celebrating booming housing markets and robust economic expansion.
Moreover, it’s astonishing to see how Powell has squandered his position as the gatekeeper of our economy. Trump pointed out how Powell has consistently missed the mark, bringing a globalist agenda to a nation that thrives on risk and opportunity. Instead of fueling economic growth, Powell seems more focused on squandering resources on fancy headquarters while American families struggle under the burden of high interest rates. How can a man trusted with managing our financial future misallocate funds so shamelessly and remain in his position?
Breaking: Trump calls Fed chairman 'numbskull' but suggests he's disinclined to fire him https://t.co/7VGMYt0ct0
— Just the News (@JustTheNews) July 16, 2025
The utter hypocrisy of Washington is on full display. Here we have a fed chairman, recommended by past Treasury Secretary Mnuchin, orchestrating an extravagant makeover of the Federal Reserve’s headquarters while the average American and their small businesses face hardship. It highlights a disturbing trend where elitist insiders get rich while regular folks bear the brunt of inaction. This is not just poor leadership; it’s a betrayal of the American spirit.
Ultimately, Trump’s blunt assessment of Powell is not mere hyperbole. The reality is we need bold policies that invigorate the economy, not the timid, risk-averse approach coming from Powell’s camp. Americans deserve a monetary policy that prioritizes their needs, not a lavish headquarters renovation or a stagnant interest rate. The question remains: how much longer can we allow incompetence to reign in places that should be champions of economic prosperity?
