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 4thquarter – 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.