The gloves are officially off between President Trump and Federal Reserve Chair Jerome Powell, and the American people are about to witness the most explosive confrontation over our nation's economic future in over a century.
The Department of Justice has served the Federal Reserve with grand jury subpoenas after Powell stonewalled federal investigators for weeks, refusing to respond to requests for meetings or information about his congressional testimony. When prosecutors finally issued legal process, Powell's response revealed just how rattled the financial establishment has become.
Instead of picking up the phone like any normal American would do, Powell released a desperate two-minute video claiming he's being "threatened" and hiding behind so-called Fed independence as if that makes him above the law. This is the same man who's been keeping interest rates artificially high while spending billions of taxpayer dollars on a simple building renovation.
Trump Calls Out Powell's War on Working Families
President Trump didn't mince words, calling Powell either "corrupt or incompetent" and promising that interest rates will plummet as soon as he replaces him. This isn't just political rhetoric—this is economic policy from a president who built his career on delivering results for the American people.
While Powell plays games with your mortgage rates and retirement savings, Trump is fighting on all fronts against the financial elites who have been crushing working families. As Peter Navarro explained, this administration is taking on credit card companies charging "mafia level interest rates" and institutional investors pricing Americans out of the housing market.
Speaker Mike Johnson confirmed that a new Fed chairman is coming in May, noting that "no one is immune from scrutiny" if they lied to Congress. Sources suggest Powell may even skip his next scheduled congressional appearance to avoid answering questions about the criminal subpoenas.
The End of Fed Untouchability
For over a century, the Federal Reserve has operated as an untouchable institution, manipulating America's money supply while remaining largely unaccountable to the people. Trump is about to change that forever.
The establishment knows their stranglehold on America's economic destiny is ending, and they're panicking. When Trump promises your mortgage is about to get cheaper, he means it. The question isn't whether Powell will fall—it's how much damage he'll try to inflict on American families before Trump removes him from power.