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Thursday, April 24, 2025

Rep. Escobar discusses Trump's handling of Jerome Powell and the Federal Reserve

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Veronica Escobar U.S. House of Representatives from Texas's 16th district | Wikipedia

Veronica Escobar U.S. House of Representatives from Texas's 16th district | Wikipedia

Rep. Veronica Escobar, a U.S. Congress member representing Texas’ 16th district, actively comments on political scenarios using social media. Her recent tweets provided an overview of the interplay between former President Donald Trump, the Federal Reserve, and its Chair, Jerome Powell.

In a tweet from April 23, 2025, Escobar declared, "We’re back! Here’s a recap of the Trump cycle involving Jerome Powell and the Fed." using a link to further details.

A subsequent tweet on the same day highlighted what she referred to as "Part Three," where President Trump reportedly reversed his stance and directed blame toward the press. Escobar speculated, "Now we just have to wait for him to take credit for stocks rebounding for the drop he single-handedly caused."

In another detailed tweet, Escobar outlined a sequence of events: "Part One: Fed Chair Jerome Powell puts a pause on lowering interest rates, so Trump suggests several times in less than a week he’d fire Jerome Powell. Part Two: Stocks plummet as a result of Trump saying he’d fire Powell."

Veronica Escobar has represented Texas’s 16th district since 2019, succeeding Beto O'Rourke. Prior to her congressional tenure, she served on the El Paso County Commission from 2007 to 2011. A native of El Paso, Texas, Escobar, who was born in 1969, holds a bachelor's degree from the University of Texas, El Paso.

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