Larry Kudlow: Jerome Powell ran the Fed under ‘VAST MISMANAGEMENT'

Fox Business | October 01, 2026 at 09:45 PM UTC
Bearish 85% Confidence
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Key Points

  • Larry Kudlow advocates for Jerome Powell's resignation from the Federal Reserve.
  • He highlights a Wall Street Journal editorial criticizing Powell for 'incompetence' in a Fed building renovation project, which saw significant cost overruns and delays.
  • Kudlow references Donald Trump's past remarks calling Powell a 'disaster' and 'incompetent'.
  • He attributes high inflation (9% peak, 21% cumulative) and high gas prices to Powell's 'easy money' policies and the Biden administration's 'Big Government Socialism' and 'radical climate change greenie policies'.

AI Summary

Larry Kudlow calls for Federal Reserve Chair Jerome Powell's resignation, citing mismanagement of a Fed building renovation project and broader monetary policy that led to high inflation. He echoes former President Trump's criticisms and links current economic woes to Democratic spending and 'woke' policies.

Model Analysis Breakdown

Model Sentiment Confidence
Gemini 2.5 Flash Bearish 85%
Consensus Bearish 85%