Trump calls the main central bank to stop immediately

US President Donald Trump called for the Federal Reserve Chairman to resign immediately, in an escalation of his attacks on Jerome Powell.

Trump said in a post on “It is too late” immediately !!! ” Social truth platform.

He also included a link to a news article on an American federal housing organizer calling for an investigation into Mr. Powell on his testimony on the renovations of the headquarters of the Central Bank in Washington.

Trump nominated Mr. Powell to be the head of the Federal Reserve during his first term. Since then, he has repeatedly criticized him for not lowering interest rates, but it is not clear whether the president has the authority to remove him from the post.

Although the president continued to criticize Mr. Powell, he said earlier this year that “there is no intention to launch it.”

Trump wants the Federal Reserve to reduce interest rates to help enhance economic growth.

Mr. Powell said on Tuesday that the Federal Reserve would have already lower the prices if the Trump tariff policies had not the impact of Trump’s tariff policies.

When he was asked during a meeting of Central Banking in Portugal whether the prices of the United States were reduced again this year if the administration did not announce its plan to sharply increase the definitions of countries around the world, Mr. Powell replied, “I think this is true.”

The American Federal Reserve refused to comment on Trump’s comments when contacting him by the BBC.

Mr. Powell was re -configured by the then President Joe Biden and his current term is scheduled to end in May 2026.

Before Trump returned to power at the beginning of this year, Mr. Powell said that he would not step down if the president asked him to do so and that he was “not allowed under the law” until the White House imposes it.

Members of the board of directors of independent federal agencies such as the Federal Reserve cannot be forced to leave only before their periods of “for the cause”, according to the rule of the United States Supreme Court in 1935.

However, Trump has often defied political standards, including the launch of some independent organizers, the procedures that have been competed in court.

On Wednesday, Bill Bouti, director of the Federal Housing Agency, who criticized Mr. Powell, called for an investigation.

“I am asking Congress to investigate the Chairman of the Board of Directors, Jerome Powell, his political bias, and the testimony of the deceptive Senate, which is sufficient to remove it” for the reason “,”, “. Posted on X.

Last week, Mr. Powell told the Senate that reports on high costs and expensive features at the Federal Reserve headquarters were “misleading and inaccurate in many respects.”