Trump says Fed's Powell should be put 'out to pasture'
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FILE PHOTO: U.S. President Donald Trump and Federal Reserve Chair Jerome Powell speak during a tour of the Federal Reserve Board building, which is currently undergoing renovations, in Washington, D.C., U.S., July 24, 2025. REUTERS/Kent Nishimura/File Pho
WASHINGTON (Reuters) - U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be "put out to pasture."
He made the comments in a Truth Social post, where he ordered the firing of U.S. Bureau of Labor Statistics, Erika L. McEntarfer.
"The Economy is BOOMING under 'TRUMP' despite a Fed that also plays games, this time with Interest Rates, where they lowered them twice, and substantially, just before the Presidential Election, I assume in the hopes of getting 'Kamala' elected – How did that work out? Jerome 'Too Late' Powell should also be put 'out to pasture,'" Trump wrote.
(Reporting by Jasper Ward)
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