The seeming battle of wills between President Donald Trump and Federal Reserve Chairman Jerome Powell continues to escalate, as the Fed chair repeatedly refuses to cut interest rates, while being highly vocal about his distaste for the Trump tariffs. Sen. Bernie Moreno (R-OH) has noted that Powell has somehow found his voice in this administration, while he remained curiously silent during the Biden-Harris administration, despite ballooning inflation and the economic fallout and small business closures due to the COVID shutdowns. Like Trump, Moreno has gone on the record to call for Powell’s resignation.
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Jerome Powell is sabotaging working Americans and costing our country hundreds of billions of dollars with his political games.
For the sake of the institution, resign. https://t.co/H3DQ6bIRAF
— Bernie Moreno (@berniemoreno) July 13, 2025
READ MORE: Fed Housing Director Calls for Immediate Investigation of Jerome Powell for Lying to Congress