MAGA darling claims Fed chair Jerome Powell's firing is 'imminent'
Share this @internewscast.com

MAGA figure Anna Paulina Luna has claimed that Jerome Powell is at risk of losing his job, stating his dismissal is likely soon after Donald Trump’s criticism of the Federal Reserve chair for mishandling the bank’s finances.

The representative from Florida has entered the controversial discussion about Powell’s future as he faces backlash regarding a massive $2.5 billion upgrade to the Federal Reserve’s main offices.

As Fed chair, Powell can not be fired unless there is just cause. His term is up in May 2026. 

While Powell and Trump have clashed in the past over US interest rates, Luna believes the over-the-top office revamp may provide the final straw. 

‘I’m 99% sure firing is imminent,’ the 36-year-old congresswoman declared on X on Tuesday. 

She shared her prediction about three hours after posting that she was ‘hearing Jerome Powell is getting fired! From a very serious source.’ 

Earlier in the day on Tuesday, Trump addressed his grievances with Powell while speaking with reporters while visiting Pittsburg, Pennsylvania. 

When someone blatantly asked the commander in chief if he would fire him.

Trump expressed his disdain by saying, ‘I think he’s terrible. I think he’s a total stiff. But I never expected him to be someone who needed an extravagant residence,’ according to The Hill.

MAGA firebrand Anna Paulina Luna (pictured) said Jerome Powell is on thin ice

MAGA firebrand Anna Paulina Luna (pictured) said Jerome Powell is on thin ice 

Jerome Powell (pictured) has been slammed by Donald Trump for fumbling the central bank's budget

Jerome Powell (pictured) has been slammed by Donald Trump for fumbling the central bank’s budget

In a follow-up, Trump was asked if dropping $2.5 billion on the renovations is something that could cost Powell his job. 

‘I think it sort of is,’ he responded. 

Trump penned his note to Powell on top of a list of world central bank rates

Trump penned his note to Powell on top of a list of world central bank rates

Trump has not shied away from criticizing the chairman, who was first appointed to the Federal Reserve in 2017 and later re-appointed under the Biden administration in 2022.

‘I think he’s doing a terrible job,’ Trump said of Powell, when asked about the performance of the chair, who he routinely calls ‘Mr. too late,’ last week. 

‘I think we should be, no, I think we should be three points lower interest rate. He’s costing our country a lot of money,’ he continued. 

‘We should be number one, and we’re not, and that’s because it’s Jerome Powell – in terms of interest. We are number one in the world. Look, I’ll tell you a little simple a little simple language. 

After blaming Powell for the fed not being ‘number one’ in rates, Trump repeated his refrain that the US was now ‘hot.’

‘One year ago, our country was a dead country. We were going nowhere except down. We were the laughing stock all over the world, and now we’re the hottest country anywhere in the world.’

But before describing America’s economic comeback, Trump had issued a somewhat contradictory message to Powell in a persuasive effort to get Powell to lower US interest rates at the end of June.

At the time, Trump had released an angry handwritten note that casted the US central bank as behind the curve. 

'I’m 99% sure firing is imminent,' the 36-year-old congresswoman (pictured) declared on X on Tuesday

‘I’m 99% sure firing is imminent,’ the 36-year-old congresswoman (pictured) declared on X on Tuesday

Donald Trump (pictured) has not shied away from criticizing the chairman

Donald Trump (pictured) has not shied away from criticizing the chairman 

Trump posted a chart of ‘World Central Bank Rates’ – showing institutions from countries including Botswana, Bulgaria, Cabo Verde, and Albania which have set their own rates lower than the US.

He wrote the note in all-caps with Sharpie marker, telling Powell that he is ‘too late’ in bringing down rates. 

‘You have cost the USA a fortune and continued to do so,’ he lectured. ‘Hundreds of billions of dollars being lost! No inflation,’ the president added.

A week prior penning his passionate note, Trump said he was thinking of replacements for the Princeton-educated Powell, who he has repeatedly called ‘stupid.’

Share this @internewscast.com
You May Also Like

Drive-By Shooting Targets ICE Agents in Chicago as Threat Levels Increase

In Chicago, a routine operation by Border Patrol agents took a dangerous…

Real Estate Agent Under Fire for Controversial £600,000 Mayfair Flat Listing

An estate agent’s decision to list a four-bedroom flat in Mayfair at…

Andrew Cuomo Considers Congressional Run Against JFK’s Grandson: A Political Showdown in the Making

Former New York Governor Andrew Cuomo has dismissed recent rumors suggesting he…

Alex Murdaugh Criticizes Hulu’s True-Crime Series for ‘Inaccurate Depictions

Alex Murdaugh, a convicted murderer currently serving two life sentences for the…

Unveiling Artistry: New York City’s Incoming First Lady Shares Vision Through Captivating Illustrations

New York City’s incoming First Lady is at the center of a…

JFK’s Grandson Jack Schlossberg Considers Run for New York City Congressional Seat: Political Legacy Continues

Jack Schlossberg, the grandson of President John F. Kennedy, is aiming to…

Outrage Erupts as Starbucks Employees Allegedly Stash Viral Bear Cups: Fans Demand Answers

Starbucks’ latest release, a bear-shaped cup, has sparked a frenzy, with customers…

Former Teacher of the Year Faces Allegations Following Unexpected Incident

An acclaimed counselor from South Carolina has been placed on suspension following…

McBee Dynasty Star Announces Engagement with Stunning 3-Carat Ring Amid Family Drama

Despite the turbulence surrounding his family, Cole McBee, star of “The McBee…

Tupac’s Long-Hidden Secret Finally Unveiled by Insider

In an unexpected location at a bustling Las Vegas crossroads, a humble…

Controversy Surrounds British ICC Chief: Allegations of Misconduct or Mossad Conspiracy?

Before 2024, Karim Khan was a relatively obscure figure, known mainly among…

DC Housing Market Faces Turmoil Amid Government Shutdown’s Economic Impact

The housing market in Washington is beginning to show significant weaknesses as…