Donald J. Trump calls for Fed Chair Powell's resignation in latest social media posts

Webp 9xqky17qja90rg3ejumalimrowtt
Donald J. Trump, President of the United State | The White House

Donald J. Trump calls for Fed Chair Powell's resignation in latest social media posts

ORGANIZATIONS IN THIS STORY

Donald J. Trump, former President of the United States, made several posts on his Truth Social account on August 1, 2025. The posts addressed topics related to Federal Reserve leadership and interest rate policy.

On August 1, 2025, Trump posted a link to his Truth Social account at 11:41 PM EST: "Donald J. Trump Truth Social 08.01.25 11:41 PM EST https://t.co/5Rl6LxA20i".

Later that day, he shared another link to his Truth Social account at 5:58 PM EST: "Donald J. Trump Truth Social 08.01.25 05:58 PM EST https://t.co/0JCL4gvtJw".

In a subsequent post at 6:05 PM EST, Trump commented on Federal Reserve Chairman Jerome Powell and Governor Adriana Kugler’s recent resignation: “Too Late” Powell should resign, just like Adriana Kugler, a Biden Appointee, resigned. She knew he was doing the wrong thing on Interest Rates. He should resign, also!

Jerome Powell is the current chair of the U.S. Federal Reserve, originally appointed by President Donald Trump in 2018 and later renominated by President Joe Biden for a second term in November 2021.

Adriana Kugler served as a governor of the Federal Reserve Board after being nominated by President Joe Biden and confirmed by the Senate in September 2023.

Resignations or calls for resignation from high-ranking officials within the Federal Reserve have historically drawn significant attention due to their impact on economic policy and financial markets.

ORGANIZATIONS IN THIS STORY