Donald J. Trump, former President of the United States and current political figure, used his Truth Social account on August 1, 2025, to criticize Federal Reserve Chair Jerome Powell and comment on recent financial analysis.
In a post made at 06:32 AM EST, Trump stated: "Jerome “Too Late” Powell, a stubborn MORON, must substantially lower interest rates, NOW. IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!" (August 1, 2025).
Shortly after, at 06:58 AM EST the same day, Trump praised market commentary from an investment executive during a televised interview: "Great analysis of the market by Stephen Auth of Federated Hermes, as interviewed by Maria Bartiromo on Fox Business!" (August 1, 2025).
A third post from Trump at 06:32 AM EST included only a link without additional context: "Donald J. Trump Truth Social 08.01.25 06:32 AM EST https://t.co/dltoXHIhBX" (August 1, 2025).
The remarks come amid ongoing debate about U.S. monetary policy and the role of the Federal Reserve in managing interest rates. Jerome Powell has served as chair of the Federal Reserve since February 2018 and has faced both praise and criticism for decisions regarding inflation control and rate adjustments over multiple administrations.
Trump’s posts reflect continuing scrutiny from political leaders regarding central bank independence and economic strategy—a recurring issue in American politics. The Federal Reserve's mandate includes promoting maximum employment and stable prices; its leadership structure allows for policy decisions independent from direct presidential control.
