World

Trump calls for Federal Reserve Chair Powell’s immediate resignation

US President renews attacks, citing claims of political bias and Senate deception

Updated 1 year ago · Published on 03 Jul 2025 4:17PM

Trump calls for Federal Reserve Chair Powell’s immediate resignation — Trump has repeatedly clashed with Powell over monetary policy and even threatened to dismiss him - July 3, 2025

US PRESIDENT Donald Trump has publicly called for Federal Reserve Chair Jerome Powell to “resign immediately,” citing allegations of political bias and dishonesty towards the Senate.

In a post on his social media platform, Truth Social, Trump shared an article referencing a call by Federal Housing Finance Agency figure Bill Pulte for Congress to investigate Powell for “political bias” and allegedly misleading the US Senate.

“Jerome Powell should resign immediately,” Bernama-Xinhua cited Trump writing, echoing past criticism he has levelled at the Fed Chair for refusing to lower interest rates during his presidency.

Trump has repeatedly clashed with Powell over monetary policy and even threatened to dismiss him before the end of his term. Powell’s current term as Chair of the Federal Reserve is set to end next year. - July 3, 2025

Spotlight

Malaysia

RM245m Penang Hill cable car project 32 per cent complete - CM

By Ian McIntyre

Malaysia

Six locals charged over alleged kidnapping of Singaporean couple in Johor

Malaysia

PM: No political, racial or religious shield for those found guilty in TH, Felda probes

Malaysia

Singapore security guard jailed 14 days, fined RM7,000 for insulting Islam

Health

Dengue cases soar 56% to 58,079 as nation records 55 deaths

Malaysia

NGOs urge BERSAMA to put Indian community agenda on political radar

By Alfian Z.M. Tahir

Health

MOH warns seniors against unproven hydrogen inhalers

Malaysia

Former Tabung Haji CEO remanded seven days as MACC RCI probe deepens

Malaysia

21 held in KLIA-Nilai crackdown on alleged online love scam syndicate

You may be interested

World

Iran claims stronger hand as Pezeshkian calls for end to West Asia war

World

TikTok agrees to US$400 million settlement over alleged child privacy violations

World

China-Indonesia talks put South China Sea, defence and investment in focus

World

Sydney Airport faces fourth air traffic control incident in a month

World

Türkiye seeks Interpol notice for Netanyahu’s arrest

World

Trump says ‘extraordinary’ US growth can tackle US$40 trillion debt

World

Fei-Fei Li warns US AI backlash could undermine global leadership and innovation

World

US threatens ‘toughest sanctions in history’ on Iran