Larry Kudlow: It's time for Jay Powell to resign
2026-10-02 06:06:19
According to CoinMeta, Larry Kudlow indicates that now is the time for Federal Reserve Chairman Jay Powell to resign. He mentioned an editorial in The Wall Street Journal calling for Powell's resignation and cited Trump's criticism of Powell, referring to him as a "disaster." Trump pointed out that the renovation costs of the Federal Reserve headquarters exceeded the budget and believed that Powell's management skills were insufficient, suggesting that he should resign to ease the political struggles facing the Federal Reserve. The editorial also noted that during Powell's tenure, the project budget soared from $1.3 billion to $2.4 billion, and the completion time was delayed by three years. Kudlow believes that Powell's resignation is in line with tradition and could help the Federal Reserve extricate itself from the current political disputes.
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Source:Internet
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