America can return to fiscal sanity with strong Federal Reserve leadership and Trump back in the White House
FOX NewsFEB 19
Trump Urges US Fed Chair Powell's Termination Over Interest Rate Stance
Above: The seal of the US Federal Reserve Board of Governors near the Marriner S. Eccles Federal Reserve building in Washington, D.C. on Dec. 31, 2024. Image copyright: Samuel Corum/Contributor/Bloomberg via Getty Images
The Spin
Pro-Trump narrative
Under Powell, the Federal Reserve has failed American families by ignoring inflation for too long, hiking rates too late, and stifling job growth and economic progress. While other central banks — like the ECB — are taking necessary action, Powell's inaction on interest rates is holding back growth, despite falling oil and grocery prices. With President Trump back in the White House, we can restore fiscal discipline, implement smarter monetary policy, and put Americans' economic interests first.
Anti-Trump narrative
The Federal Reserve's independence is essential to maintaining economic stability and investor confidence. Trump’s renewed attacks on Chair Powell — especially amid volatile tariff policy — risk reigniting inflation, destabilizing markets, and weakening global trust in U.S. economic leadership. To preserve credibility, the Fed must remain independent, focused on data-driven decisions, and insulated from political interference in monetary policy.