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Politics

Jerome Powell Reportedly Hiding in Utility Closet as Trump Circles Fed With Steak Knife

Last updated: Tue, July 29, 2025 1:53 PM CT
By The Folly Times
3 Min Read
Donald Trump and Jerome Powell in hard hats at Federal Reserve construction site
Trump tours the Fed building with Jerome Powell, demanding to know “where the rate-lowering lever is”

NEED TO KNOW

  • Fed Chair Powell last seen wedged behind a mop bucket whispering “he’s still out there”
  • Trump pacing hallways holding a steak knife, muttering “cut rates or I’ll cut something”
  • Janet Yellen pretending to be a ficus to avoid being named Acting Fed Chair

WASHINGTON, D.C. — Chaos unfolded at the Federal Reserve today as sources confirmed Chair Jerome Powell was hiding in a utility closet after President Trump showed up unannounced, brandishing a steak knife and demanding a rate cut “the size of Melania’s prenup clause.”

Witnesses said Trump arrived wearing a hard hat and shouting, “Where’s the guy with the money faucet?” before pushing past a stunned security intern who assumed the visit was part of a badly timed field trip. Inside, Trump reportedly wandered the halls poking at thermostats and knocking on doors labeled “Monetary Policy” until Powell fled into the janitor’s closet with a printout of CPI data.

“Look, all I want is negative Interest Rates and maybe a piña colada,” Trump said, pointing the steak knife at a framed photo of Paul Volcker. “But if Powell wants to act tough, I can be very persuasive. Just ask NATO. Or Don Jr.”

Secret Service declined to intervene, citing confusion over jurisdiction. Meanwhile, Mike Johnson attempted to distract Trump by holding up a coloring book titled *“How Inflation Works”* with pictures of gas stations and angry suburban moms.

At press time, Powell was still in the closet and had texted Janet Yellen a single word: “Help.”

Quote of the moment

The closet’s starting to feel like 2008 again

Jerome Powell, whispering from between bleach jugs
TAGGED:Donald TrumpFederal ReserveInterest RatesJerome Powell

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