Trump says Federal Reserve Chair Jerome Powell should resign immediately

US President Donald Trump has ramped up the pressure on Federal Reserve Chair Jerome Powell, calling on him to quit immediately.

Trump posted on social media on Wednesday that “‘Too Late’ should resign immediately!” He also shared an article about a federal regulator who said Powell should be investigated over his Senate testimony.

Trump has repeatedly lashed out at the Fed chair, demanding that he promptly cut interest rates. He said earlier this week that he had sent Powell a chart showing rates set by other central banks. Trump had written on it “Jerome—You are, as usual, ‘Too Late.'”

Powell has maintained a cautious stance on lowering rates, citing the need to assess the impact of Trump’s tariff measures.

The Fed’s position has also drawn criticism from Trump administration officials.