The 10 Wildest Stock, Crypto, and Commodity Market Moments of 2025
President Trump intensified his attacks on the Fed Chair at various points throughout the year.
Trump, who appointed Jerome Powell to the role during his first term, has long pressured Powell to lower rates at his whim. But his feud with the central bank chief appeared to reach a new level this year as he called on rates to be lowered ASAP and referred to Powell as “stupid,” “Too Late,” and other names on Truth Social.
In April, Trump said that Powell leaving the Fed couldn’t come soon enough, leading US stocks to drop sharply.
Stocks sold off again in July when Bloomberg reported that Trump could fire Powell soon. The 10-year US Treasury yield, a reflection of long-term rates in the economy, also rose in…
