Trump Accuses Fed Chair of Political Bias Amid Rate Cut Debate

Former President Donald TRUMP has launched a scathing critique against Federal Reserve Chair Jerome Powell, accusing him of political bias and misrepresentation of economic data. The allegations center on employment figures that Trump claims were manipulated to favor Democrats during election periods. With seven Fed meetings passing without rate cuts since Trump took office, the tension underscores deeper debates about monetary policy's role in political cycles.

The Fed's consistent emphasis on tariffs—mentioned 158 times in meetings—highlights concerns over inflationary pressures from trade policies. A projected $2.1 trillion fiscal burden from tariffs looms over consumer prices and economic stability. Meanwhile, the absence of rate cuts contrasts sharply with 2021, when Biden's corporate tax proposals faced little resistance from monetary policymakers.