The latest attack on Federal Reserve Chair Jerome Powell by Russell Vought—current Director of the Office of Management and Budget under President Trump—is not just another skirmish in Washington’s ongoing political drama. It is a signal flare from the architects of Project 2025 , a radical plan to consolidate presidential power and dismantle key democratic institutions. And it should alarm anyone who cares about economic stability, rule of law, and the integrity of U.S. financial markets. Earlier this month, Vought posted a letter on social media accusing Powell of breaking the law, misleading Congress, and mismanaging a planned $2.5 billion renovation of the Fed’s headquarters. The timing is not accidental. It comes just weeks after Donald Trump sent Powell a handwritten note pressuring him to slash interest rates. The letter also follows a wave of public attacks by Trump allies—including Peter Navarro and Bill Pulte—meant to delegitimize Powell and undermine the Federal Reserve’s i...
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