Washington, D.C. — At a time when America is poised for an economic resurgence fueled by pro-growth, pro-worker policies, Federal Reserve Chairman Jerome Powell has chosen to slam on the brakes. By refusing to lower interest rates, Powell has delivered a deep betrayal not only of President Trump’s economic vision — but of every American struggling to build a better life.

Let’s be clear: high interest rates are crushing the American Dream. Families are being priced out of homes. Small businesses — the backbone of our nation — can’t afford to borrow and expand. Credit card debt is ballooning, and middle-class workers are being punished for simply trying to get ahead. Meanwhile, Wall Street insiders and global bankers barely feel the pinch.

And for what? Powell claims he’s “watching inflation.” But inflation has cooled, and the American economy is begging for oxygen. Instead, Powell is acting like a bureaucrat terrified of change — or worse, someone who fears the success of the America First agenda.

This isn’t just bad economics. It’s sabotage. While President Trump has been working tirelessly to reshape our trade deals, rebuild our manufacturing base, and bring jobs home, Powell’s stubborn refusal to cut rates is a direct obstacle to growth. It hands a win to China, to Brussels, to the very global elite that Trump was elected to stand against.

High rates mean high pain. Fewer homes built. Fewer jobs created. Less innovation. And more Americans stuck in a cycle of financial anxiety. Powell should be helping the American people — not standing in their way.

It’s time for leadership at the Fed that understands what’s at stake. We need a Chairman who believes in Main Street, not just the spreadsheet. One who listens to the people, not the pundits. And one who works with President Trump to unlock the full power of American greatness.

Jerome Powell had his chance. Now it’s time to replace him.