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Thursday, September 11, 2025

Tuberville calls for firing Federal Reserve Chair Jerome Powell over interest rate policy

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US Senator for Alabama | US Senator for Alabama website

US Senator for Alabama | US Senator for Alabama website

U.S. Senator Tommy Tuberville (R-AL) has called for the removal of Federal Reserve Chair Jerome Powell, criticizing his handling of interest rates and monetary policy. In an op-ed published in the Daily Caller, Tuberville expressed concern that Powell’s refusal to lower interest rates is negatively affecting American families during what he described as a period of economic growth.

Tuberville wrote, “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.”

He continued by comparing Powell's actions to poor coaching decisions: “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 4th quarter – 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.”

Tuberville also criticized Powell's response during previous periods of inflation: “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.”

He argued that political motives have influenced recent decisions: “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.” Tuberville added that “Powell isn’t just a bad economist,” stating he represents “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 ‘experts’ in D.C run things.”

The senator emphasized values such as freedom and hard work: “In United States of America we believe in freedom faith hard work putting American taxpayer first We don’t take orders from World Economic Forum We don’t answer Davos And we sure don’t let Ivy League elites glass towers decide whether families Alabama can afford buy house or start business”

Comparing leadership styles in sports terms he said: “If your quarterback fumbling ball missing reads throwing picks you bench him You don’t give another season you send packing President Trump knows how win We need Federal Reserve supports mission not one tries undermine it This isn’t just about monetary policy it about our future”

Tuberville concluded by calling for new leadership at Federal Reserve: “It time fire Jerome Powell bring Fed Chair who understands America First vision someone who will fight inflation empowering American workers not punishing them Someone who understands prosperity starts cutting taxes slashing regulation letting free people create build thrive Jerome Powell had his shot He blew it It time new leader Fed”

Senator Tuberville serves on several Senate committees including Armed Services Agriculture Veterans’ Affairs HELP Aging

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