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Trump Slams Fed Chair Powell, Calls for His Firing

11/21/2025

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Summary

Story summary

U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell at the US-Saudi Investment Forum in Washington, DC.
He claimed Powell has "mental problems."
He said he wants to fire Powell, who was appointed in 2018.
He urged Treasury Secretary Scott Bessent to address Powell's performance.
He condemned the Fed's $4 billion renovation project and said his own $300 million ballroom will be funded by private donors, not taxpayers.

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Story summary

U.S. President Donald Trump criticized Federal Reserve Chair Jerome Powell at the US-Saudi Investment Forum in Washington, DC.
He claimed Powell has "mental problems."
He said he wants to fire Powell, who was appointed in 2018.
He urged Treasury Secretary Scott Bessent to address Powell's performance.
He condemned the Fed's $4 billion renovation project and said his own $300 million ballroom will be funded by private donors, not taxpayers.