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The gloves are OFF and Trump just went NUCLEAR on Jerome Powell! Gary Franchi here with a RAW FEED segment that’s sending shockwaves through the Federal Reserve. President Trump just called Fed Chair Jerome Powell a "MORON" and demanded he quit or get fired immediately. The reason? A $2.5 BILLION palace renovation scandal that’s about to bring down the most powerful banker in America. Trump’s economic team has found their smoking gun—$700 million in cost overruns while American families can’t afford homes because of Powell’s crushing 7% mortgage rates.
"He’s always too late!" Trump exploded from Air Force One. "Every point costs us $360 billion. We should be three points lower—that’s almost a TRILLION dollars!" The president revealed what insiders have known for months: Powell is deliberately sabotaging the Trump economy. James Fishback exposed the truth at Turning Point USA: "Powell is a Trump hater. That’s the only way to put it." The shocking stats prove it—97% of Fed employee donations went to Democrats. For every Republican economist at the Fed, there are TEN Democrats.
But here’s the bombshell nobody’s talking about: Powell slashed rates 50 points right before the election to help Kamala Harris, with ZERO economic justification. Now, with inflation at a four-year low and three consecutive better-than-expected readings, he REFUSES to cut rates. Why? Because he hates Trump more than he cares about American families who can’t buy homes, start businesses, or achieve the American Dream.
This corruption demands immediate action. Support journalism that exposes the Fed’s crimes at https://www.givesendgo.com/Keep-Next-News-Alive or donate via PayPal at https://www.paypal.com/donate?campaign_id=BAC78BHT6NPU6. Join our channel for exclusive Fed updates at https://www.youtube.com/channel/UCLoNQH9RCndfUGOb2f7E1Ew/join
Kevin Hassett, Trump’s National Economic Council Director, dropped the constitutional bomb: "When the Federal Reserve was created in 1913, we were under a gold standard. It was never envisioned they could print money and spend $2.5 billion on a building." The cost overrun alone—$700 million—equals the ENTIRE cost of renovating the FBI building. This is the most expensive project in DC history, and Powell’s using YOUR money to build his palace while you struggle with 20-year high interest rates.
The political assassination of Trump’s economy is obvious. Powell cherry-picks only tariffs from Trump’s four-part economic agenda—ignoring fiscal policy, deregulation, and energy independence. He creates panic about inflation that doesn’t exist while keeping rates artificially high. Meanwhile, Wall Street gets loose money while Main Street suffers. First-time homebuyers are locked out. Small businesses can’t expand. The American Dream is dying by design.
Trump has the solution and the constitutional authority. When asked if the president can fire the Fed chair, Hassett confirmed: "If there’s cause, he does." And boy, is there cause! The $2.5 billion boondoggle, the political bias, the economic sabotage—it’s all documented. Former Fed Governor Kevin Warsh agrees: "The Fed has the policy mix exactly wrong. It needs to shrink the balance sheet and CUT interest rates NOW."
Steve Gruber broke the news that the Trump administration has officially zeroed in on the renovation scandal as grounds for removal. There’s even word Powell might resign to save face rather than hear Trump say those two beautiful words: "You’re fired!" The Fed thinks it’s untouchable, above the presidency, beyond accountability. They’re about to learn what happens when you mess with Donald J. Trump and the American people.
The numbers don’t lie. Trump’s tariffs brought in $27 billion last month—$100 billion annualized. We had a budget SURPLUS while Powell claims we need high rates. The president is right: "I don’t need 5,000 people working behind the scenes like Jerome Powell to tell him what to say once a month, because they got it WRONG!" Only Trump and one other economist predicted our economic success while 71 Fed "experts" failed.
This isn’t just about interest rates—it’s about who runs America. Unelected Fed bureaucrats who hate Trump and donate to Democrats? Or a president elected by the people to Make America Great Again? Powell turned the Fed into a political weapon against Trump and American families. Now Trump’s fighting back with the one thing Powell fears most: accountability. The countdown to Powell’s firing has begun. The Fed’s reign of terror is ending. Justice is coming.
Catch the whole RAW FEED live stream at https://youtu.be/qTLuaO_JpEA