Staff Reports
Federal Reserve Chair Jerome Powell faces intense pressure to resign after President Trump’s scathing criticism and revelations of extravagant spending. Trump blasted Powell’s leadership during a Marine One departure, declaring “He’s doing a terrible job!” and demanding immediate interest rate cuts. The President’s outrage centers on Powell’s refusal to lower rates despite economic strain on American families.
Bill Pulte, Director of the Federal Housing Finance Agency, ignited speculation by announcing he’s “encouraged by reports that Jerome Powell is considering resigning.” Pulte declared this move would allow America’s economy to boom again. His statement followed Trump’s public demands for Powell’s removal over monetary policy disagreements.
Shocking corruption allegations emerged about Powell’s $2.5 billion Fed headquarters renovation during a deficit crisis. Investigations revealed VIP elevators, rooftop gardens, luxury water features, and art galleries funded by taxpayers. White House Budget Director Russ Vought condemned this “largesse with no conscience” while ordinary Americans struggle with grocery bills.
The Fed is operating at a historic loss for the first time in 110 years, even as Powell spent billions on palatial upgrades. Trump administration officials confirm Powell misled Congress about renovation costs, triggering a formal investigation. This blatant misuse of public money exposes the Fed’s elitist contempt for hardworking citizens.
Powell kept interest rates artificially high, crushing middle-class families with punishing mortgages and credit card debt. His policies deliberately stifled Trump’s economic growth while cutting rates under Biden. This political bias sacrificed American prosperity to undermine the President’s agenda.
Sources indicate Powell could resign within seven days, potentially replaced by Treasury Secretary Scott Bessent. Such a change would bring immediate relief through deep rate cuts, freeing families from financial suffocation. Lower rates mean affordable home loans, manageable car payments, and breathing room for household budgets.
This scandal proves the Federal Reserve’s corruption runs deeper than imagined. For over a century, this unaccountable institution has enriched Wall Street while destroying the dollar’s value. Powell’s golden palace symbolizes everything wrong with our monetary system—utter disregard for taxpayers amid economic sabotage.
Americans demand a full forensic audit of the Fed and its century of financial manipulation. Ending this unconstitutional cartel is essential to restoring economic freedom. President Trump’s fight against this corrupt establishment promises liberation from financial tyranny that bleeds our country dry.
