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President Trump didn’t mince words this week when he blasted Federal Reserve Chairman Jerome Powell, calling him “either incompetent or crooked” as he pushed the case for much-needed rate cuts to revive American growth. The president’s comments came amid fresh inflation data that he says proves the Fed can move now to lower borrowing costs and ease pressure on families and businesses.
The White House has even opened a criminal inquiry into Powell over massive cost overruns on Fed renovations, a move that sent shockwaves through Washington and drew public condemnation from former Fed chairs worried about central-bank independence. Conservatives should not flinch at accountability when taxpayer money is being squandered, but neither should they surrender control of monetary policy to unelected bureaucrats who ignore the pain of everyday Americans.
Trump’s argument is straightforward: low inflation numbers and strong growth give the Fed cover to cut rates decisively, and the American people deserve relief from crushing interest costs that hit mortgages, car loans, and credit cards. If the Fed’s leadership refuses to act, a president who answers to voters — not to academic orthodoxy — has every right to demand change, and to call out incompetence when he sees it.
On crime, the president highlighted improving safety in some Democratic-run cities that finally got serious about law and order, using those examples to make the larger point that blue-city decline is not inevitable. Conservatives know that when leaders support police, enforce the law, and stop coddling criminality, communities heal and businesses thrive; the evidence of declining violence in certain places proves the policy works.
The media and many establishment Republicans rushed to defend Powell and howl about “politicizing” the Fed, but Americans elected leaders to protect their wallets and their streets — not to preserve the comfort of an insulated financial elite. If oversight uncovers waste, incompetence, or dishonesty at the Fed, it is not erosion of independence but restoration of accountability.
Patriots should cheer a president willing to stand up to entrenched interests and fight for lower costs, safer neighborhoods, and stricter stewardship of taxpayer dollars. Washington’s gatekeepers will scream, but hardworking Americans know who has their back: a leader who calls out failure, offers solutions, and refuses to let the status quo keep stealing from future generations.
