Federal Reserve Chair Powell’s Dome
Cartoon published 06/20/2025
“… Powell is the WORST. A real dummy who’s costing America $Billions!”
— President Donald Trump
Federal Reserve Chair Jerome Powell made his decision: Short term rates would not be cut. That decision greatly displeased President Trump, who said inflation has dropped and so should the rates. Trump said, “Europe has had 10 cuts; we have had none.”
The president knows a rate cut will help our economy and he suspects Powell has allowed partisan politics to influence his rate decision. He may be right — The Federal Reserve (neither Federal nor a Reserve) is on the side of the Swamp, not MAGA. To fully drain the swamp, Trump might have to end the Fed—if he can get Congress to go along.
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The Federal Reserve was originally created to prevent economic bubbles and busts, but they failed. In reality they created booms and busts and each time the elite super rich got super richer. The Fed is an independent entity which claims to benefit the public, but their inflation stole from citizens while debt dollars demand repayment. That’s why the IRS was created. Citizens, under threat of prison, are forced to use up countless and incriminating man hours filling out confusing tax forms in order to give away huge chunks of their time and labor. The Fed system does not benefit citizens at all—it enslaves them.
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The Federal Reserve loves to proclaim their independence when politicians complain. That independence is like a ‘golden dome’ that deflects criticism and prevents change.
Trump can at least audit the Fed and Fort Knox, but the Federal Reserve and IRS need to end once and for all. Trump can help make that happen.
— The GrrrTeam
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