President Donald Trump said Jerome Powell should follow in the footsteps of Federal Reserve Governor Adriana Kugler and resign from the central bank, ratcheting up his feud with the central bank chair.

U.S. President Donald Trump said on Friday that Federal Reverse Chairman Jerome Powell should be "put out to pasture." He made the comments in a Truth Social post, where he ordered the firing of U.S.

President Trump once again criticized Fed Chair Jerome Powell on a day when the central bank kept rates steady, but said 'I hear' the Fed will cut rates in September.