Trump live updates: President says Fed Chair Powell’s ‘termination cannot come fast enough’ after tariff comments

President Donald Trump has said that the “termination” of Federal Reserve Chair Jerome Powell “cannot come fast enough,” one day after Powell warned that Trump’s tariffs were “highly likely” to cause inflation and may put the Fed in a “challenging situation.”
Trump has been pushing Powell to cut interest rates, something the chair has been hesitant to do. This comes as the European Central Bank cut its interest rates on Thursday, infuriating the president.
“The ECB is expected to cut interest rates for the 7th time, and yet, ‘Too Late’ Jerome Powell of the Fed, who is always TOO LATE AND WRONG, yesterday issued a report which was another, and typical, complete ‘mess!’” Trump wrote on Truth Social. “Too Late should have lowered Interest Rates, like the ECB, long ago, but he should certainly lower them now. Powell’s termination cannot come fast enough!”
Meanwhile, Americans now trust Democrats with the economy over Republicans for the first time in years, amid ongoing uncertainty over Trump’s on-again, off-again tariff strategy.
Gold prices began to slip in early trading on Thursday but remain up a significant 40 percent over 12 months, with investors continuing to flock to the safe-haven bullion.
China dominates solar. Trump tariffs target China. For US solar industry, that means higher costs
Alexa St. John has the following story:
Mike Summers was eager to install solar at his home in Ohio for years, and after he finally replaced his aging roof this year, his solar contractor swung into action. His system — including 19 panels and a battery backup — went up this week, and Summers considers himself lucky.
“I’m glad to have done it when I did,” said Summers, a former mayor in his city of Lakewood just west of Cleveland. He’ll get about $10,000 in tax credits on his $39,000 investment, but nearly as important is that all the equipment was readily available.
Other hopeful solar buyers may have a much harder time in the coming months. President Donald Trump’s escalating trade war with China threatens to crimp a massive source of solar panels and parts, with experts saying the cost of projects will certainly rise as China retaliates.
Gustaf Kilander17 April 2025 20:00
JD Vance set for first official visit to India with wife Usha and family
Mr Modi enjoys warm relations with Mr Vance’s boss Donald Trump, but the US president has also called India the “tariff king” and a “big abuser” and targeted the country with a blanket 26 per cent levy as part of his now-paused tariff programme.
Mr Vance is set to meet the Indian leader on 21 April in Delhi, where the pair are expected to hold discussions on economic, trade and geopolitical ties.
Gustaf Kilander17 April 2025 19:30
Trump: ‘Jimmy Carter died a happy man because he wasn’t the worst the president’
Trump claimed Jimmy Carter “died a happy man, because he wasn’t the worst president.”
Trump said that honor is now with Joe Biden.
Gustaf Kilander17 April 2025 19:08
Trump’s FCC chair blasts MSNBC for ‘news distortion’ and refusal to call deported man a ‘violent’ MS-13 member
Here’s Justin Baragona:
FCC chairman Brendan Carr raged at Comcast on Wednesday evening and asserted it was guilty of “news distortion” because its cable news channel MSNBC didn’t carry a White House press briefing that featured the administration continuing to defend its decision to illegally deport a Maryland man.
Donald Trump’s hand-picked FCC commissioner’s suggestion that the NBC parent may have violated its broadcasting licenses over the way its networks covered the case of Kilmar Abrego Garcia piggybacked on the White House calling CNN and MSNBC “shameful” for declining to air the presser.
Gustaf Kilander17 April 2025 19:01
Trump refers back to lawyers when asked about court orders
When asked about the possibility that his administration could be held in criminal contempt after ignoring a federal judge’s court orders, Trump referred back to “the lawyers.”
“Well, you’re going to have to speak to the lawyers. We have great lawyers. I can tell you this, we’re doing a fantastic job of getting criminals out of this country who Biden allowed into the country, hundreds of thousands of criminals, murderers, and drug dealers,” said Trump.
“One of the primary reasons I was elected is because I said, I’m going to get the criminals that he allowed to come into our country so stupidly through open borders, I’m going to get them out,” he added. “And I got a lot of votes, record-setting numbers of votes as you know.”
Read more from Alex Woodward:
Gustaf Kilander17 April 2025 18:59
Trump briefed on FSU shooting
The president noted that he has been briefed on the shooting at Florida State University in Tallahassee.
“I’ve been briefed on the Florida State University, Tallahassee, active shooting,” said Trump. “I guess it’s an active shooter, fully briefed as to where we are right now. It’s a shame, horrible thing, horrible that things like this take place, and we’ll have more to say about it later.”
A suspect has been taken into police custody and multiple victims were reported in a shooting Thursday at Florida State University, a person familiar with the matter told The Associated Press.
The extent of the victims’ injuries was not immediately known and there were no additional details about the person who was in custody.
The person was not authorized to publicly discuss details of the ongoing investigation and spoke to The AP on condition of anonymity.
At least six people have been hospitalized, including one person in critical condition, a spokesperson for Tallahassee Memorial HealthCare said. The other patients were in serious condition, the spokesperson said.
Ambulances, fire trucks and patrol vehicles from multiple law enforcement agencies raced toward the campus that sits just west of Florida’s state capital after the university issued an active shooter alert midday Thursday, saying police were responding near the student union.
Gustaf Kilander17 April 2025 18:50