In a stunning display of political theater, former President Donald Trump unleashed a barrage of insults against Federal Reserve Chair Jerome Powell during a Congressional hearing today, signaling a dramatic escalation in the ongoing economic crisis. As Powell defended his decision to maintain higher interest rates amidst rising inflation fears, Trump erupted, labeling him “terrible” and “very stupid,” and blaming him for the economic turmoil that has gripped the nation.

This confrontation marks a pivotal moment in Trump’s ongoing struggle to deflect blame for his own disastrous economic policies, particularly his chaotic trade war with Canada and aggressive tariff strategies. Instead of owning up to the consequences of his actions, Trump is targeting Powell, suggesting he may even seek to replace him with a more compliant figure who will heed his demands for lower rates—regardless of the long-term ramifications.

The stakes are alarmingly high. With consumer confidence plummeting and inflation looming, Trump’s desperate attempts to control the narrative are shaking global markets. Investors are now on edge, wary of the unpredictable maneuvers of a leader who treats the economy like a personal playground. Reports of a potential “shadow Fed chairman” have only fueled anxiety, as the Fed’s independence hangs in the balance.

As the fallout from Trump’s tariffs continues to reverberate, American families are feeling the pinch at grocery stores and gas stations, while Wall Street reacts with skepticism to his reckless rhetoric. The once-stable U.S. economy now resembles a volatile experiment, with Trump’s erratic behavior pushing it closer to the brink.

With the presidential election looming, Trump’s fixation on manipulating interest rates to salvage his image could have dire consequences. As the pressure mounts and the cracks in his strategy widen, the American public is left to grapple with the fallout of a leader more concerned with his political survival than the nation’s economic health. The question remains: how much longer can this chaotic charade continue before it implodes?