A former Republican representative, Adam Kinzinger, is calling for a revolt within the party against Donald Trump‘s recent economic actions, particularly regarding the investigation into Jerome Powell, the Chairman of the Federal Reserve. Kinzinger, who served in the U.S. House of Representatives from 2011 to 2023, emphasized the need for party members to oppose what he describes as Trump’s undue influence over economic policy.
The catalyst for Kinzinger’s comments is a subpoena issued to Powell, which he received to testify before a grand jury concerning statements made during a Senate committee hearing last June. This development came after Jeanine Pirro, the U.S. Attorney for Washington, D.C., initiated an investigation into Powell last November. Kinzinger expressed concern that this investigation represents ongoing pressure from Trump to undermine the Federal Reserve’s independence.
In a video posted on his YouTube channel, Kinzinger stated, “This was only done for one reason: Donald Trump has been wanting Jerome Powell to cut interest rates.” He criticized the notion that the Federal Reserve should cater to the president’s demands, insisting that its primary responsibility is to stabilize the economy and maintain employment levels.
Kinzinger explained that lowering interest rates can exacerbate inflation, which is currently a significant concern in the economy. He stressed the importance of the Federal Reserve’s role in managing inflation through appropriate interest rate adjustments. “When you cut interest rates, more money goes out into the economy,” Kinzinger noted. “If you have an inflation problem, inflation increases.”
The former congressman also highlighted the ethical implications of Trump’s legal actions against the Federal Reserve, arguing that they are a direct attempt to manipulate the institution for political gain. Kinzinger stated, “This is utterly insane. It’s utterly unethical.” He called on elected Republicans to stand up against this trend, asserting that their duty is to represent their constituents rather than capitulate to Trump’s preferences.
“This is the moment that the elected Republicans have to make a decision,” Kinzinger urged. He criticized the majority of his former colleagues for their compliance with Trump, stating, “Your job is not to do what Donald Trump wants. Your job is to do what’s right.”
Kinzinger challenged his fellow Republicans, urging them to prioritize decency and morality in their political decisions. He declared, “You need to speak out and oppose this,” insisting that they should confront every one of Trump’s priorities until there is a reversal of the pressure being applied to the Federal Reserve.
As the political landscape continues to evolve, Kinzinger’s call for rebellion within the GOP highlights the ongoing tensions between Trump’s influence and traditional party values. The response from party members may shape the future direction of the Republican Party and its stance on economic policy.
