A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.

During his visit to Texas after the July 4 disaster, Donald Trump slammed Jerome Powell, blaming him for high interest rates and saying he's "costing the country." Trump claimed the U.S. was a "dead country" a year ago but is now the "hottest" in the world under his leadership.

President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.

Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But Powell’s term as chair does not end until May 2026. He’s insisted he won’t resign early.

Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.

President Donald Trump remains displeased by the Fed's decision to hold interest rates steady.

President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt. Is that fight?

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.

Trump is tearing into Jerome Powell once again, this time for what he says is complete disrespect for America’s financial strength. On Thursday, the president posted: “’Too Late’ DEMEANS THE GREAT CREDIT OF THE USA.

Policy is rightly locked on hold over the near-term in part because the uncertainty surrounding the Trump administration’s tariff regime remains unusually high.