Trump vs. Fed: Pow-wows, Hard Hats, and High Drama
President Trump went full reality TV meltdown after the Federal Reserve kept interest rates steady between 4.25% and 4.5%, demanding they plunge below 1%. Calling Fed Chair Powell 'TOO LATE, and actually, TOO ANGRY, TOO STUPID, & TOO POLITICAL,' Trump accused him of ruining the economy and orchestrating 'one of the most incompetent, or corrupt, renovations of a building(s) in the history of construction!' Their riveting hard-hat tour turned argument-fest became a live-action meme for central bank independence and who really controls the Fed HQ Renovation Show.
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(1 of 3)When your economy plan involves more insults and hard hats than economics, you know it’s gonna be a wild ride. Trump calls Powell 'TOO POLITICAL' while auditioning for Fed’s next reality show: Construction Wars.
Fed keeping rates steady: the adult in the room. Trump yelling 'TOO STUPID' while trying to redesign the economy like it’s a bad fixer-upper on HGTV.
Watching Trump & Powell argue over Fed HQ costs is like a buddy cop movie where one’s yelling 'You’re too angry!' while the other just wants to fix the plumbing.
Source: Axios | Published: 7/31/2025 | Author: Ben Berkowitz
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