Story perspectives
Powell's Popularity Surges Amid Trump's Rate Criticism
12/23/2025
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Story summary
- Federal Reserve Chair Jerome Powell has a 44% approval rating in a recent Gallup poll, higher than U.S. President Donald Trump’s 36%.
- Trump has criticized Powell for not cutting interest rates.
- Powell has cut interest rates three times this year to support the economy.
- The latest reduction occurred on December 10, 2025, lowering the benchmark rate to between 3.5% and 3.75%.
- Powell's term as Fed chair ends in May 2026.
