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Interest rates stay put: President Trump says Powell is costing the country trillions
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THE HILL, Approved, National

Interest rates stay put: President Trump says Powell is costing the country trillions

By Alex Gangitano | The Hill President Trump on Thursday blasted Federal Reserve Chair Jerome Powell, lodging insults at the head of the central bank for opting again to not lower interest rates. “Jerome ‘Too Late’ Powell has done it again!!! He is TOO LATE, and actually, TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair,” Trump wrote in a post on Truth Social. “He is costing our Country TRILLIONS OF DOLLARS, in addition to one of the most incompetent, or corrupt, renovations of a building(s) in the history of construction! Put another way, ‘Too Late’ is a TOTAL LOSER, and our Country is paying the price!” the president added. The nation’s central bank on Wednesday kept short-term interest rates at a level of 4.25 p...
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Rand Paul introduces bill to audit the Federal Reserve after $2.5B renovation uproar
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Washington Examiner, Approved, National

Rand Paul introduces bill to audit the Federal Reserve after $2.5B renovation uproar

By Washington Examiner Staff | Washington Examiner Sen. Rand Paul (R-KY) introduced legislation on Thursday calling for an audit of the Federal Reserve. The senator’s proposal comes after Federal Reserve Chairman Jerome Powell has faced scrutiny for the $2.5 billion in renovations he authorized for two federal buildings in Washington, D.C. Paul’s bill, the Federal Reserve Transparency Act, would require a complete audit of all of the Federal Reserve’s operational activities and mandate an enhancement of its decision-making through increased congressional oversight. The Comptroller General of the United States would complete the audit and include an inspection of “the Board of Governors of the Federal Reserve System and of Federal Reserve banks,” acco...
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Ortiz: Powell must act—BBB unlocked the door, now unleash Main Street
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Breitbart, Approved, National

Ortiz: Powell must act—BBB unlocked the door, now unleash Main Street

By Alfredo Ortiz | Commentary, Breitbart American small businesses scored a major victory with this month’s passage of the Big Beautiful Bill, which locked in lower taxes and restored key tax breaks. However, the nation’s job creators are still operating with one hand tied behind their backs due to the ongoing high-interest rate environment. The Federal Reserve is working at cross purposes with policymakers trying to unleash growth. At its July meeting next week, the Fed has the opportunity to change course and align monetary policy with fiscal policy to support small business dynamism. It should move swiftly to meaningfully cut interest rates and begin restoring affordable access to credit for America’s small business backbone. Rather than being data-dependent, Fed C...
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Trump trashes Powell as ‘too late and wrong,’ hinting at Fed chairman’s ‘termination’
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Washington Examiner

Trump trashes Powell as ‘too late and wrong,’ hinting at Fed chairman’s ‘termination’

By Jack Birle | Washington Examiner President Donald Trump took aim at Federal Reserve Chairman Jerome Powell Thursday morning, arguing he “should have lowered Interest Rates” and hinting at a looming “termination.” Powell spoke at an event with the Economic Club of Chicago on Wednesday, arguing that “significant policy changes” pursued by the Trump administration may deviate from the Fed’s goals for the rest of the year. Less than 24 hours later, the president trashed Powell on a Truth Social post as the European Central Bank is set to cut interest rates. READ THE FULL STORY AT THE WASHINGTON EXAMINER
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St. Onge: Inflation rising is awkward for Chairman Powell, nightmare for Kamala Harris
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Approved, Commentary, National, The Daily Signal

St. Onge: Inflation rising is awkward for Chairman Powell, nightmare for Kamala Harris

By Peter St. Onge, Commentary | Daily Signal Inflation is rising again, and even Federal Reserve cheerleader Bloomberg is worried the Fed is losing the plot. Inflation rising is awkward for the Fed, given Chairman Jerome Powell already cut rates for the looming recession. In fact, he just did a jumbo half-point cut—which makes inflation go up. This is known as a policy error. And the Fed’s been making a lot these days. READ THE FULL STORY AT THE DAILY SIGNAL Editor’s note: Opinions expressed in commentary pieces are those of the author and do not necessarily reflect the opinions of the management of the Rocky Mountain Voice, but even so we support the constitutional right of the author to express those opinions.
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