Is Jerome Powell going to resign before his term ends? (Poll)

[kyzr]

There are calls for Powell to resign before the end of his term.

Director of federal agency suggests Fed Chairman Powell is considering resigning

Trump administration official Bill Pulte released a statement suggesting that Fed Chair Jerome Powell is considering resigning amid mounting pressure on his leadership.

www.foxbusiness.com

"I'm encouraged by reports that Jerome Powell is considering resigning. I think this will be the right decision for America, and the economy will boom," Pulte said.

Lets look at the case for Powell's stubbornness to not cut interest rates.
1. He imagines that Trump's new tariffs will cause inflation many months from now.
2. Does he prove his case mathematically with models? NO, he does not.
3. Does he make a compelling case for not cutting rates? No, he does not.
4. Do tariffs generally cause inflation? NO, they do not

Lets look at the case for lowering rates:
1. Inflation is nearing the 2% target, no need for restrictive rates
2. Rates in the EU are much lower than the US rate, which is highly unusual, they should be closer
3. Lower interest rates spurs the GDP and increases tax revenue, as well as benefit mortgages
4. Lower interest rates reduces the interest on the $36T debt by $300b per percentage point drop, which would help balance the Federal budget
5. The Fed is paying 4.5% for bonds and lending out at 2%, which is ridiculous, a bank can't survive with a negative cash flow.
6. Rand Paul wants DOGE to audit the Fed, that is a great idea.
7. Powell is in hot water for the $2.5b new Fed Building.
8. The Fed should NOT fund the CFPB, they should be disbanded or put under the president.

 

[JGalt]

The Supreme Court said that Trump can't fire Powell but I guarantee he'd find a legitimate reason to fire him if they audited the Federal Reserve.

Powell needs to go.

 

[1srelluc]

He may get fired for cause as the fed has been losing billions every year since 2022.

He's loaning out money at 2% and the banks are making 4.2%. Lots of foreign banks are getting fed money too.

 

[Blaster]

Powell is terrible.

 

[Zincwarrior]

Why? Unlike Trump he did not party with Epstein.

 

[Dont Taz Me Bro]

Sounding more likely

https://www.politico.com/news/2025/07/11/white-house-investigation-powell-trump-rates-00449789

 

[1srelluc]

It's just not Powell that needs to go but most of the Fed Reserve heads as many are part and parcel of the Fed's mismanagement.

 

[kyzr]

It's just not Powell that needs to go but most of the Fed Reserve heads as many are part and parcel of the Fed's mismanagement.

90% of the Fed are democrats, that needs to change

 

[luiza]

The Supreme Court said that Trump can't fire Powell but I guarantee he'd find a legitimate reason to fire him if they audited the Federal Reserve.

Powell needs to go.

He needs the Fed a little longer .
In order to bring down the value of the US$ you need to have lower interest rates to help increase inflation and you need absurd levels of Quantitative Easing to further complete the mission .

Roll on BRICS Plus -- your future, whether or not you want it