SEN TOMMY TUBERVILLE: The Fed Has Gone Rogue — Fire Jerome Powell

President Donald J. Trump and his America First policies are back, and the American people can feel the momentum. After four years of disastrous open-border policies, skyrocketing inflation, and woke bureaucrats running wild, the tide is finally turning. Thanks to the President’s tariffs and tax cuts, the Trump economic engine is revving back up. Prices are low. The stock market is up. Employment numbers are on the rise. America is returning to energy dominance. Families are finally starting to feel like they’re keeping more of their paycheck. But there’s still one major obstacle standing in the way of unleashing America’s full economic potential — and that’s Federal Reserve Chairman Jerome Powell.

Let’s cut the bull, Jerome Powell has gone rogue. He’s acting like a coach whose team is down by 2 at the end of the 4^thquarter – but instead of kicking a field goal to win the game, they punt the ball. Inflation is at the lowest point in four years under President Trump – but Jerome Powell is still using the old Biden Democrat Socialist playbook. As a result, interest rates are through the roof, borrowing costs are squeezing families, and small businesses are getting crushed. Americans are ready to build, buy, hire, and grow — but the Fed is playing games instead of cutting rates and letting the economy breathe. That’s not just bad policy. That’s sabotage.

This isn’t his first offense either. Powell’s track record is a mess. Back in 2021, as Biden and the Radical Left were pumping the economy with trillions of dollars in reckless spending, Powell stood in front of the American people and told them inflation was “transitory.” He basically told American consumers to not believe their own lying eyes. But the American people aren’t stupid. They saw prices rising at the pump, at the grocery store, and on every utility bill. What Powell called “transitory” turned out to be full-blown, historic inflation that was here to stay as long as Biden and Powell were the ones calling the shots.

And when reality finally caught up to him? He panicked. Powell overcorrected, hiking interest rates at a pace this country hasn’t seen in decades. Those rate hikes didn’t just “cool” inflation. They froze out middle-class families trying to buy a home, start a business, or expand their operations. They strangled growth just when Americans needed it most.

But his head-scratching decisions didn’t end there. Powell flipped the script again and started cutting rates just in time for the 2024 election. Funny timing, isn’t it? After three years of punishing American families with high rates, he suddenly finds religion the minute it looks like Kamala Harris and the radical Democrats are about to get steamrolled by President Trump.

For those of you keeping score at home – first Powell said inflation was “transitory” and nothing to worry about, then he suddenly cared about inflation and hiked interest rates, then he cut them in a blatant attempt to influence the 2024 election.

Let’s not pretend this wasn’t political. Powell has aligned himself with the D.C. Swamp, the same corrupt system that’s tried everything to stop Donald Trump from putting America First. The Fed is supposed to be independent, but under Powell, it’s acting like the economic arm of the Democrat Socialist Communist Party. Powell isn’t just a bad economist. He’s a symbol of the woke elites that look down on farmers, truckers, teachers, and welders — the backbone of this nation — and thinks they should just sit down and be quiet while the “experts” in D.C. run things.

In the United States of America, we believe in freedom, faith, hard work, and putting the American taxpayer first. We don’t take orders from the World Economic Forum. We don’t answer to Davos. And we sure don’t let Ivy League elites in glass towers decide whether families in Alabama can afford to buy a house or start a business.

If your quarterback is fumbling the ball, missing reads, and throwing picks, you bench him. You don’t give him another season; you send him packing. President Trump knows how to win. We need a Federal Reserve that supports that mission, not one that tries to undermine it. This isn’t just about monetary policy, it’s about our future.

It’s time to fire Jerome Powell and bring in a Fed Chair who understands the America First vision — someone who will fight inflation by empowering American workers, not punishing them. Someone who understands that prosperity starts with cutting taxes, slashing regulation, and letting a free people create, build, and thrive. Jerome Powell had his shot. He blew it. It’s time for a new leader at the Fed.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of the Daily Caller News Foundation.

(Featured Image Media Credit: Screen Capture/CSPAN)