U.S. Sen. Tommy Tuberville (R-Auburn) has said multiple times in the past week that Federal Reserve Chairman Jerome Powell should lose his job after the latter decided not to lower interest rates.
The senator hasn’t been happy with the chairman since he announced Wednesday that rates would remain between 4.25% and 4.5%. Tuberville believes interest rates should be lowered because the economy is currently in good shape and inflation has remained steady.
Today’s a great day to fire Jerome Powell.
— Coach Tommy Tuberville (@SenTuberville) June 25, 2025
“Well, he’s playing God, is what he’s doing,” Tuberville said about Powell on Fox Business. “And inflation is low as it has been in months, and by the way, he did lower rates right before the election for Kamala Harris. But, FJP — Fire Jerome Powell.”
FJP: Fire Jerome Powell. pic.twitter.com/2jaT0wv5eV
— Coach Tommy Tuberville (@SenTuberville) June 24, 2025
U.S. Sen. Katie Britt (R-Montgomery) asked Powell in a recent Senate Banking hearing if he would concur that the national economy is trending in a positive manner.
“In terms of the strength of the economy, I would strongly agree,” Powell answered. “The labor market’s in a strong place, the economy’s growing, inflation is in a pretty good place, much closer to 2%, so it’s still a pretty solid economy.”
Yaffee is a contributing writer to Yellowhammer News and hosts “The Yaffee Program” weekdays 9-11 a.m. on WVNN. You can follow him on X @Yaffee
