Trump has renewed his criticism of Federal Reserve Chairman Powell, calling for a significant reduction in interest rates. He argues that high rates are unjustified, harming the U.S. economy and national security by incurring excessive interest payments. Trump claims inflation is no longer a threat and that the U.S. should benefit from the lowest global interest rates due to its economic strength from tariff policies. He insists the Federal Reserve should act immediately to enhance economic competitiveness.