Donald Trump
President of the United States
Donald Trump
President of the United States
As of April 2025, Donald Trump is serving his second, non-consecutive term as the 47th president of the United States after defeating Joe Biden in the 2024 election. His administration has enacted sweeping changes, including major staff cuts across federal agencies under the newly created Department of Government Efficiency, led by Elon Musk, and rolled back diversity initiatives while pushing hardline immigration and citizenship policies—many of which have sparked legal challenges and nationwide protests. On the global stage, Trump has reignited trade tensions with China by imposing high tariffs, prompting retaliatory measures and market instability. He has also initiated nuclear talks with Iran and continues to promote his “America First” doctrine. Amid his controversial return to power, Trump remains a polarizing figure, with recent developments even including scrutiny of Wikipedia's neutrality and online censorship concerns raised by its co-founder Larry Sanger.
Trump Slams Fed Chief Powell: Stocks Plummet as Dollar Hits New Low
- Monday, 21 April 2025
US stocks and the dollar plummeted as President Donald Trump intensified his attacks on Federal Reserve Chair Jerome Powell, calling him "a major loser" for not lowering interest rates. The S&P 500 fell roughly 2.4%, while the Dow Jones Industrial Average dropped 2.4% and the Nasdaq fell more than 2.5%. The US dollar index hit its lowest level since 2022, and interest rates on government debt continued to rise.