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Trump Says Powell Should ‘Resign Immediately’

July 9, 2025 · 8:48 am ET · Leave a Comment

President Trump said Jerome Powell should “resign immediately” if allegations from an administration official that the Federal Reserve chair misled lawmakers prove true, while deepening his personal attacks against the head of the central bank over interest rate policy, Bloomberg reports.

Said Trump: “We should get somebody in there that’s going to lower interest rates.”

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Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

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