(DCNF)—Editor-in-chief of Forbes and Republican businessman Steve Forbes ripped into Federal Reserve Chairman Jerome Powell on Wednesday on Fox Business’ “Kudlow,” telling Powell to focus on having a “stable value for the dollar” instead of mouthing off about tariffs.
Powell claimed to a panel on July 1 that the U.S. central bank would have lowered rates by now if President Donald Trump had not imposed sweeping reciprocal tariffs against a handful of countries, according to CNBC. Forbes discussed two key Republicans — former Fed Gov. Kevin Warsh and Trump’s top economic adviser Kevin Hassett — who are reportedly eyeing Powell’s position. Host Larry Kudlow asked Forbes about a potential change.
“Well, we have to see whether they can have a lot of those economists do something useful for humanity, like becoming Uber drivers. I don’t know what you can do in terms of replacing them,” Forbes said. “But in terms of the Fed governors and the like, I think what Secretary of the Treasury [Scott] Bessent and the president have to do is start laying the intellectual foundation [of] why the way the Fed operates is all wrong. Their philosophy is all wrong.”
“Prosperity does not cause inflation,” Forbes added. “The Fed has a really anti-growth bias, as you well know, and their focus should be not on trying to manipulate the economy. That did not work with the Soviet Union, and the feds made a hash of it here. They should focus on having a stable value for the dollar, what you would call King Dollar. That’s what should be their sole focus.”
Just days after Trump’s “Liberation Day,” Powell began to vocalize his uncertainty about the tariffs at an event, predicting a short-term increase in inflation due to the policy change. However, the Fed chairman said that “avoiding that outcome would depend on keeping longer-term inflation expectations well anchored, on the size of the effects and on how long it takes for them to pass through fully to prices.”
In response to Powell’s concerns, Trump took to Truth Social to write that it would be the “perfect time” for Powell to cut rates before adding that the chairman needed to “stop playing politics.” Despite repeated calls for the interest rates to be cut from the president, by June the Fed announced in its fourth meeting of 2025 that it would continue to maintain its target range at 4.25% to 4.5%.
“So this thing on tariffs, the chairman mouths off about tariffs. There’s nothing the Fed can do about the effects of tariffs and the idea that if prices do go up, just for argument’s sake, there’s nothing the Fed can do about it,” Forbes said.
“So what do they want to do?” Forbes asked. “They want to depress the economy because they don’t like the effect of tariffs? That’s not their business. Their business is one thing only, stable value for the dollar, so we can trust the dollar again. How about that?”
Prior to reports of the Fed chairman potentially being replaced, tensions between Powell and Trump had risen, with the president calling for the chairman’s resignation. Trump once again took to Truth Social on July 2, reposting a Bloomberg article saying the head of the Federal Housing Finance Agency is now calling on Congress to investigate Powell.
“‘Too Late’ should resign immediately!!!” Trump wrote.
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Starting the Day With a Scripture-Inspired Roast Helps Center Your Thoughts on Eternal Truths Amid Temporal Pressures
The world can seem chaotic, especially right after we wake up. Many believers start their mornings reaching for something familiar — a hot cup of coffee — yet end up settling for mediocre brews that do little more than deliver a caffeine jolt. The daily grind of life, with its endless distractions, news cycles, and responsibilities, can leave even the most faithful feeling spiritually parched alongside their physical fatigue. What if your morning ritual could do more than wake you up? What if it could ground you in truth, nourish your body with exceptional quality, and quietly advance a kingdom purpose at the same time?
That’s the promise — and the reality — behind Promised Grounds Coffee. This Christian-founded company doesn’t just roast beans; it approaches every step as an act of worship and discipleship. By selecting only the top 10% of specialty-grade beans, ethically sourced from dedicated farmers in Central and South America, and small-batch roasting them with reverence in Austin, Texas, Promised Grounds delivers what many describe as the best coffee available — never burnt, never bland, but rich with origin stories and layered flavors that honor God’s creation.
From the vibrant Psalm 27 Roast (a light, bright medium option) to the bold yet peaceful 2 Timothy 1:7 Decaf, each bag carries a Scripture verse that turns your daily pour into a gentle reminder of faith. And through their Ounce Per Ounce Promise, every ounce of coffee you enjoy provides an equal ounce of clean water to families in need via partnership with Filter of Hope — literally brewing hope for body and soul, one cup at a time.
The challenge for today’s Christians runs deeper than finding a decent cup. In an age of convenience-driven consumerism, it’s easy to support companies that dilute values or remain silent on matters of faith. Many believers want their everyday choices — from what they drink to how they spend — to reflect discipleship rather than just convenience. Promised Grounds solves this by weaving Christian excellence into the entire process: beans nurtured with prayerful stewardship by farming families, roasted as an offering rather than a commodity, and packaged with Bible verses to encourage a mindset of gratitude and purpose from the first sip. Reviewers consistently praise the smooth, rich profiles — whether enjoyed black in a drip maker, iced on a warm day, or shared in fellowship — noting how the quality stands toe-to-toe with premium secular brands while delivering something far more meaningful.
This integration of faith and flavor addresses a real need in Christian households and ministries. Busy parents, church leaders, and remote workers alike report that starting the day with a Scripture-inspired roast helps center their thoughts on eternal truths amid temporal pressures. The coffee’s exceptional character — bright citrus notes in lighter roasts or deep chocolate undertones in bolder ones — comes from meticulous selection and careful roasting that respects the bean’s natural gifts rather than masking them. It’s the kind of coffee that elevates a simple quiet time, fuels productive workdays, or sparks meaningful conversations when shared at Bible studies or outreach events. And because it’s ethically sourced with integrity, every purchase supports sustainable livelihoods for farmers who treat their crops like family harvests.
For those leading churches or small groups, the impact multiplies. Promised Grounds offers bundles and options perfect for hospitality ministries, turning ordinary coffee service into an opportunity to point people toward the living water of Christ. Imagine greeting visitors with a warm cup whose very bag carries God’s Word — a subtle yet powerful witness that aligns with the Great Commission. The company’s Texas roots and commitment to “brewing hope” resonate especially with believers who value American enterprise paired with global compassion.
Of course, quality alone isn’t enough if the experience feels out of reach. Promised Grounds keeps it accessible with practical perks like free shipping on orders over $40, sample sets for discovering favorites, and thoughtful add-ons such as faith-themed mugs. Whether you prefer whole beans for fresh grinding, grounds for convenience, or even bulk options for larger households and ministries, the result is consistently superior coffee that makes discipleship feel integrated rather than added on.
As you consider how to align even the smallest habits with your walk with God, Promised Grounds Coffee stands out as a refreshing solution. It tackles the dual problems of subpar daily sustenance and disconnected consumption by offering a product that genuinely excels in taste while advancing a mission of clean water, farmer dignity, and scriptural encouragement. Believers who make the switch often describe it as more than a beverage upgrade — it becomes part of their rhythm of gratitude, a daily invitation to remember that every good gift comes from above.
If you’re ready to transform your mornings (and perhaps your church gatherings) with coffee that honors both exceptional craftsmanship and Christian values, I encourage you to explore what Promised Grounds has to offer. One sip at a time, you’ll be nourishing your body, refreshing your spirit, and participating in something far greater — all while enjoying what truly is among the best coffee available.
