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Best Prime Day laptop deals LIVE — My top day 3 picks now on MacBooks, Chromebooks and more

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Samsung’s mighty Galaxy Book 5 Pro 360 is $300 off

(Image credit: Future / Tom’s Guide)

We called the Samsung Galaxy Book 5 Pro the MacBook Pro alternative with a bigger OLED display and a lighter design, so if you’re a fan of Windows, this model should be on your radar, as it’s $300 off.

You’re getting an Intel Core 7 Ultra CPU, a 3K (2,880 x 1,800) OLED touchscreen with a 120Hz refresh rate and even an S Pen thrown in for good measure. For workers on the go and even students, this Samsung Galaxy Book 5 Pro 360 is a worthy companion.

Yes, RTX 4070 laptops are cheaper than ever!

MSI Katana A15 AI

(Image credit: MSI)

So here I was, minding my own business, when I saw an RTX 4070 gaming for just $1,349! I did some backtracking and yep, it’s one of the cheapest prices I’ve ever seen!

You may not get the multi-frame gen goodness of the 50-series GPUs, but with DLSS 4, you’re getting stellar performance throughout this entire system. On top of that, the AMD Ryzen 9 8945HS is a screamer, paired with a whopping 32GB of DDR5 RAM and a 1TB SSD.

Any game running on that QHD panel up top will take full advantage of that 165Hz refresh rate!

$300 off one of our favorite AI laptops

Lenovo Yoga 7i

(Image credit: Future)

Curious to try out one of these new-fangled “AI laptops” Microsoft has been promoting?

Now’s a great time because you can save some serious cash on a brand-new Lenovo Slim 7i. Amazon has the Aura Edition of this killer ultraportable on sale for a cool $300 off.

It’s a capable productivity machine that’s nearly as light and as thin as a MacBook Air. And as you can read in our Lenovo Yoga Slim 7i Aura Edition review,

This special edition has extra features like Smart Care (for real-time tech support) and Smart Modes, which make it super-easy to customize your laptop to your needs!

The latest Dell 14 Plus just hit a new low price!

Dell 14 Plus on table with Tom's Guide Prime Day badge

(Image credit: Future / Tom’s Guide)

Last time I saw this deal, it was at $949. Well, the Dell 14 Plus has now dropped even further to $849!

It’s part of Dell’s rebrand of its laptop lineup, so you’ll be getting the latest with an Intel Core Ultra 7 chip, a mighty 32GB of DDR5X RAM and a helpful 1TB SSD. Not bad for a strong laptop such as this, especially if you’re a student or need a reliable laptop while on the move.

This RTX 5050 laptop is now $400 off!

HP Omen Transcend 14 (2025)

(Image credit: Tom’s Guide)

Amazon Prime Day deals aren’t just relegated to Amazon, as other vendors are also slashing prices across the board. Right now, the HP Omen Transcend 14 is $1,429 at HP. That’s not too bad considering you’re saving $400 thanks to this sale. Anyone who might be new to the world of PC gaming or who wants a relatively affordable gaming laptop should give HP’s machine a serious look—especially at this reduced price.

HP Omen Transcend 14: was $1829 now $1429 @ HP

Get $400 off this RTX 5090 gaming laptop

Lenovo Legion Pro 7i 2023

(Image credit: Laptop Mag)

Think high-end RTX 50-series gaming laptop deals were only hitting the entry-level models? Think again.

The powerhouse RTX 5090 is also seeing serious discounts — and this Legion Pro 7i is a perfect example. Packed with an Intel Core Ultra 9-275HX processor, 32GB of RAM, a massive 2TB SSD, and of course, that beastly RTX 5090 GPU, this machine is built for domination. Add in a sharp QHD display and a sleek, minimalist design that fits right into any setup, and you’ve got a dream rig.

With support for DLSS 4 and multi-frame generation, the only real drawback so far has been the premium price tag. But now? There’s a hefty $400 discount making this monster a lot more tempting.

Looking for the Windows MacBook Air? Look no further

Lenovo Yoga Slim 7i Aura Edition

(Image credit: Future)

The Lenovo Slim 7i Aura Edition is a great ultraportable that packs a whole lot of power into a slim, sleek and utilitarian package. Seriously premium with an all aluminum shell, featuring a gorgeous 14-inch OLED display, Intel Core Ultra 7 CPU, 16GB of DDR5 RAM and a 1TB SSD.

This is a great all-rounder for getting things done by day and entertaining by night, and it’s 18% off right now.

Swipe this Acer Swift X 14 creator laptop with a $400 drop!

Acer Swift 14 X on table with Tom's Guide Prime Day badge

(Image credit: Future / Tom’s Guide)

This is one for the creators out there. The Acer Swift X 14 is a great choice for graphics designers or photo and video editors, all thanks to its 14.5-inch (2880 x 1800) OLED display with a 120Hz refresh rate. Along with its RTX 4060 GPU, it’s able to handle graphically intensive tasks, and that even includes gaming.

Better yet, the Acer Swift X 14 is now down to just $1,099, which is $400 off the cost. Not bad savings for an OLED laptop with some commendable specs.

In the UK? Grab this RTX 5070 Alienware laptop deal

Alienware 16 Aurora gaming laptops with one closed and one open on surface with tom's guide price drop badge

(Image credit: Dell / Alienware)

While those in the U.S. can enjoy this Alienware 16 Aurora with an RTX 5060 for $1099, if you’re in the U.K., then you’ll be happy to know that its even more powerful sibling is on sale, and it comes with an RTX 5070.

The Alienware 16X Aurora with an RTX 5070 is £300 off at Amazon, and you’d be hard-pressed to find a gaming laptop packing this kind of heat at a similar price. It sports an Intel Core Ultra 9 275HX CPU, RTX 5070, 32GB of DDR5 RAM and a 1TB SSD. Even better, it’s glorious 16-inch WQXGA (2560 x 1600) display comes with a 240Hz refresh rate, which you’ll see shine thanks to Nvidia’s DLSS 4.

Better act fast, though, as stock appears to be low!

Wait…a MacBook Air for $699!?

MacBook Air 2022 unveiled at Apple Worldwide Developers Conference 2022

(Image credit: David Paul Morris/Getty)

Apple Silicon may have a shelf-life, but it’s super long. The M2 chip is still a serious performer in 2025, which is what makes this dirt cheap M2 MacBook Air so attractive!

It’s impressively fast and power efficient all at once, and you get that same sleek, utilitarian chassis that you get with the M3 and M4 Airs. This is a solid shout of a laptop and it’s $100 off right now.

Feeling Pro? The MacBook Pro M4 is cheaper than ever!

MacBook Pro 14 M4 on table with Tom's Guide Prime Day badge

(Image credit: Future / Tom’s Guide)

I love the MacBook Pro — packing peak performance and shockingly good power efficiency into a sleek, premium aluminum shell that looks ready for work (especially in space black). And right now, the latest and greatest M4 systems are cheaper than ever.

Whether you’re eyeing the base M4, the more capable M4 Pro, or the powerhouse M4 Max, you can now knock at least $150 off the price. As someone who edits video, codes, and occasionally dives into some gaming, I can say the MacBook Pro more than keeps up. It’s a machine built for people who push their gear to the limit—and now it’s finally a bit easier on the wallet too.

This RTX 5070 gaming laptop is SHOCKINGLY CHEAP!

Asus TUF Gaming A18 on table outside with Tom's Guide Prime Day badge

(Image credit: Future / Tom’s Guide)

Asus’ TUF series has evolved beyond its budget roots, and the Asus TUF Gaming A16 is proof of that. This machine packs serious power — and now it’s seeing a serious discount in what might be one of the best anti-Prime Day deals around.

Right now at Best Buy, you can score the Asus TUF Gaming A16 with an RTX 5070 for just $1,399, a sharp drop from its regular $1,699 price. That $300 discount gets you a whole lot of performance: an AMD Ryzen 9 270 CPU, 32GB of DDR5 RAM, and a 1TB SSD — a top-tier spec sheet for gamers and creators alike.

Sure, the display isn’t ultra-premium, but the 16-inch FHD+ panel (1920 x 1200) with a 165Hz refresh rate still delivers crisp visuals and buttery-smooth gameplay.

If you’re looking for serious gaming horsepower without paying premium-brand prices, this is the deal to beat — and it’s beating many of Prime Day’s so-called “best” offers. It’s only a tad smaller than the Asus TUF Gaming A18 I’ve tested with the same GPU, and I’m having a blast with that.

Snag this seriously lightweight LG Gram for over $250 off

LG Gram on table next to mouse with Tom's Guide Prime Day badge

(Image credit: LG)

The MacBook Air may be one of the thinnest laptops around, but this LG Gram 14 isn’t far behind it. In fact, it’s actually lighter, and comes with a great discount thanks to Prime Day.

The LG Gram 14 is now over $250 off at Amazon, boasting Copilot+ AI capabilities thanks to its latest Intel Core Ultra 7 255H CPU, along with 32GB of RAM and a 1TB SSD. It’s amazingly thin at 0.67 inches (the MacBook Air M4 is 0.44 inches), and is incredibly lightweight at 2.47 pounds (2.7 pounds for the MacBook Air).

As a laptop that can power through multitasking without breaking a sweat in a portable, featherweight design, the LG Gram 14 is a great shout for students and workers on the move.

Bag my favorite budget laptop (that doesn’t even feel budget) for less than $500!

Lenovo IdeaPad Slim 3x

(Image credit: Future)

When I tried the Lenovo IdeaPad Slim 3X a few months ago, I was confident that this could be the budget laptop to beat in 2025 — managing to find the right balance between ergonomics, performance and power efficiency without breaking the bank.

And now, it’s even cheaper with $180 off the list price, which brings this Snapdragon X system down to just $499.

Yep you read that right, Snapdragon. That means snappy single-core performance for opening apps in a zip, and sipping that battery to make it last well over all-day long. Pair that with a big 15.3-inch display, 16GB of RAM and a 512GB SSD, and you’ve got a stellar cheap Copilot+ PC!

Snag the perfect back-to-school Chromebook for under $350

Acer Chromebook Plus 515 review unit on a desk

(Image credit: Future)

If you’re looking ahead to going back to school and need a cheapish machine to handle the basics, a Chromebook could be the way to go.

The Acer Chromebook Plus 515 is a solid example of what you can do with Google’s laptops — there’s enough power to keep the lightweight OS smooth and the vivid and bright 1080p touchscreen helps too.

And with all the Google AI additions such as Gemini and NotebookLM, a Chromebook Plus is the best way to go with a better service in mind. You can get 23% off one right now.

The power of an RTX 5070 Ti for $400 less!

Asus ROG Strix Scar 18

(Image credit: Future)

Right, now this is an RTX 5070 Ti gaming laptop that can handle the heat. It’s still pricey, but getting $400 off this beast offers huge value for a gaming PC upgrade. Yes, the RTX 5070 Ti will perform brilliantly in the latest games, but it’s the rest of what this Asus ROG Strix G16 offers that pulls it all together.

This Asus ROG Strix G16 with an RTX 5070 Ti is now $400 off, which means you can now grab it for under $2,000. But it also offers the latest (and powerful) Intel Core Ultra 9 275HX CPU, 32GB of DDR5 RAM and a 1TB SSD. Moreover, it boasts a 16-inch 2.5K (‎2560 x 1600) Nebula display with a 240Hz refresh rate, 16:10 aspect ratio and speedy 3ms response time. Oh, and a MUX switch to boost gaming performance and a way to customize the RAM, SSD and fans without needing a screwdriver.

Now that’s a powerful machine, and for under $2,000, it’s a gaming laptop you’ll want to check out.

A Windows 11 laptop for under $250? The deal is here!

Acer Aspire Go 15 review unit on desk

(Image credit: Future)

Who said Chromebooks were the only pocket-friendly laptops you can get? We were already big fans of this Acer Aspire Go 15 due to its price, but it’s now cheaper than ever thanks to a $50 price cut!

Right now, the Acer Aspire Go 15 is down to $249 at Amazon, and that’s amazing savings on a Windows 11 PC. It’s made for simple, everyday tasks like writing in documents, browsing the web and watching shows with its 15.6-inch FHD (1920 x 1080) display, so don’t expect a complete powerhouse here. But you’ll find over 10 hours of battery life, a comfy keyboard and a premium-feeling design.

As a family laptop or for students who need something affordable for studying, this is a great choice.

Now $150 off MacBooks! Easily one of the best laptops deals right now

MacBook Air 13-inch M4 shown on tabletop

(Image credit: Tom’s Guide)

Let’s talk about easily one of the best laptops you can buy right now. The 13- and 15-inch M4 MacBook Airs pack a lot of performance and insane power efficiency into a slim, sleek shell with a gorgeous display, strong webcam and impressive ergonomics. What more could you want!?

And now, the 13-inch is $50 off, and you’re getting $150 off the 15-inch model!

Welcome to Day 3

Amazon Prime Day shipping boxes

(Image credit: Amazon)

We are now on the third day of a four-day Prime Day — making me absolutely certain that Amazon has lost track of time in knowing what a “day” actually is! But at least the laptop deals are oh-so sweet in the US and UK!

We’ll be rapid-firing every single big saving that is actually worth it in this live feed — the kind of laptop deals I’d recommend to my friends and family.

For a good start, check out our listed deals above. And of course, the second we spot anything new, we’ll be sharing it here.



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Mavericks rookie Cooper Flagg all business as he makes pro debut at NBA 2K26 Summer League

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Flagg excited the crowd at the 4:30 mark of the first quarter, jamming home the first points in the Summer League. He finished the first quarter with six points, one rebound and a steal.

Early in the second quarter, Flagg nearly sent every fan in the building into a frenzy when he made a spin move into the paint and attempted a one-handed slam dunk over 7-foot Christian Koloko. The ball caromed off the back of the rim and still drew plenty of oohs and ahhs.

Flagg finished the first half with eight points on 4-of-11 shooting, including 0 for 3 from 3-point range. He also had three rebounds, two steals and one assist.

Generally filled with Lakers fans when the team plays in the summer, the arena was full of emotion with a fair share of Mavericks fans in attendance to see the 2025 National college player of the year.

Like 15-year-old Baer Epple, 15, who was seated with his father Chad in the third row from the court, donning Dirk Nowitzki’s Mavericks jersey.

Epple said he’s been following Flagg since before his Duke days, beginning with his junior year at Nokomis Regional High School in Newport, Maine.

The 15-year-old who is in Las Vegas from Seattle for an AAU tournament said he’s been a Mavericks fan for roughly four years.

“Even more of a fan now that they got Cooper Flagg,” Epple said. “Hopefully he does good, that’d be pretty cool to see. I don’t want him to be like a bust or anything.”

Mavericks coach Jason Kidd told The Associated Press before the game he’s looking for nothing more than effort and grit in his team’s opening game, as he wants them all playing hard.

“This summer league is a little different when you have this type of turnout,” Kidd said. “But the guys have had a couple practices. There’s going to be some turnovers. I just want to see how they respond to a couple of mistakes being made, no one’s gonna play a perfect game and be unselfish.”

As for his prize draft pick: “We’re all excited,” Kidd said of Flagg. “Seen enough of him on tape, so now it’s good to see him on the floor.”



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Amanda Anisimova stuns Wimbledon favorite Aryna Sabalenka to reach first Grand Slam final

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CENTRE COURT, THE ALL ENGLAND CLUB — Amanda Anisimova has arrived.

The former teen sensation, who spent several years in the tennis wilderness following the sudden death of her father and coach when she was 17, upset the world No. 1 Aryna Sabalenka 6-4, 4-6, 6-4 under a broiling sun on Centre Court Thursday to make her first Grand Slam final at Wimbledon. She also becomes the first American finalist at Wimbledon since Serena Williams in 2019.

In a duel of power, periods of inconsistency and tight games at important times, Anisimova kept her nerve when the match was on the line to keep Sabalenka from making the only major final she has never played. She came alive with just enough belief, just when Sabalenka looked to be clawing her way back— as she had done so many times during this tournament and during this match.

“I knew that I was going to really have to go for it,” Anisimova said when it was over. “Her level just kept increasing and getting better and better throughout the match. So to be able to come on top, I knew that I wasn’t just going to win off of her mistakes.”

For Sabalenka, it was another tough upset loss at the hands of an American seizing an opportunity in the final stages of a Grand Slam. She has played three Grand Slams since becoming the world No. 1 for a second time last fall, having spent two months at the top of the sport in 2023.

She now finds herself in a curious position. Her consistency at majors — 11 semifinal-or-better finishes at her past 12 — is remarkable. But her record when things get tight in those late stages is unspooling. She is now 3-9 in deciding sets of semifinals and finals at the Grand Slams.

She lost to Madison Keys in the Australian Open final, and to Coco Gauff last month in the French Open final. She looked across the net Thursday and saw another talented American woman — there are loads of them these days. Sabaleka came up just short once more.

This one was different than a month ago, when she blew up on the court, yelling at herself and her box as the match against Gauff slipped away. Then she exploded in her post-match news conference, arguing that Gauff had not won the match. She had lost it, in part because of the windy conditions. She said Iga Świątek, the player she had beaten in the semifinal, would have beaten Gauff that day.

On Centre Court Thursday, as Anisimova got closer to the win, Sabalenka mostly kept her cool.

“We all can lose control over our emotions, it’s absolutely normal,” Sabalenka said in her news conference.

“Every time when I was really that close in that match today to completely lose it and start… I don’t know… yelling, screaming, smashing the rackets, I keep reminding myself that’s not an option, and it’s not going to help me to stay in the match and to fight for my dream.”

She hugged Anisimova at the net and was magnanimous in her comments about her after. She did admit that Anisimova had “pissed her off,” when she reacted to the chair umpire telling her she had celebrated a shot too early by saying that she was doing what Sabalenka does “all the time” by extending her grunt through the ball.

“She was more brave today,” Sabalenka said.

“When I was just, like, trying to stay in the point, she was playing more aggressive.

“Sometimes I was just stopping my arms, making mistakes which I shouldn’t be making. I think I should have been a little bit more brave today and remember that I’m on the top of the ranking, and I can do that. I think at some point at the match I forgot about that.”


For the third major in a row, Aryna Sabalenka lost a tight match in the final stages to an American. (Henry Nicholls / AFP via Getty Images)

When she did, Anisimova was there to become the protagonist in a stirring narrative that is still unfolding.

For the 23-year-old Floridian, the win was the next high watermark in a remarkable journey over the past year. Last June, as she muddled through her comeback from nearly a year of battling injuries and burnout, Anisimova fell in the final round of Wimbledon qualifying.

During the next year, each time she achieved an encouraging result, playing deep into tournaments in Washington, D.C. and Canada and even winning in Doha in February for her first WTA 1,000 title, just below the level of a Grand Slam, her body would abandon her. She struggled with injuries to her back and hip that prevented her from practicing, training and competing as much as she liked.

In April, she hired a physiotherapist named Shadi Soleymani to take charge of her health and fitness, and she has been on the upswing ever since.

For a few minutes, it appeared that Sabalenka had turned the match. She drew even as Anisimova finally faltered on serve at 3-3 in the second set, missing two forehands and double-faulting to give Sabalenka her first service break of the afternoon. Anisimova made a gallant effort to get back in the set as Sabalenka tried to serve it out. However, Sabalenka snuffed out those efforts with a couple of massive serves, the last one clanking off Anisimova’s strings and frame.

On to a third set they went, with Sabalenka starting it just as she had finished the last, breaking a faltering Anisimova at love. And then, seemingly out of nowhere, Sabalenka went off the boil, her forehands going wide and long at the absolute worst time. One let Anisimova break right back for 1-1. With a sitter at the net, she pounded another just long, and all of a sudden Anisimova had a 3-1 lead.

The American had kept her opponent’s variety out of the contest for most of the match, with Sabalenka playing just nine points at the net through three sets when it was done. However, the world No. 1 brought it to the party at the end, trying to bring Anisimova to the net as she had done in Paris at the last major. Then, she fileted Anisimova in the front of the court. Here, Anisimova responded in kind, hitting drop shots of her own, refusing to let Sabalenka draw her into a battle she thought she would win easily.

From there, destiny seemed to take over. As Anisimova tried to survive a tight game at 4-2, she cracked a forehand down the line that might have missed. It ticked the net and dropped into the front of the court for the game. She pumped her fist, foregoing the usual apology for good luck. It was that kind of match, with Sabalenka having complained about an early celebration from Anisimova on a winner.

On her first match point, Anisimova missed on her vaunted backhand on a ball right in her slot. She missed again on the same shot to allow Sabalenka a last chance to do what she has done all year and retrieve a seemingly lost position. Instead, the world No. 1 gave her three opportunities to win, one earned by a stunning Anisimova short slice — the kind Sabalenka would so normally put into play.

Sabalenka played two without fear, but Anisimova returned the favor on the third, blasting a forehand to the postage stamp on the most high-stakes point of her career to date.

She turned to her box with a look of disbelief, though really, this is where she was supposed to be all along.

In tennis though, as in most sports, there is no “supposed to” or “destiny” without hard work and smart decisions.

When her father and main tennis guru, Konstantin, died of a sudden heart attack at 52 in 2019, Anisimova took a brief break, but she largely played through her grief. She spent the next two seasons tumbling down the rankings, before she climbed back to the top 30 in 2022.

By early in 2023, tennis had became too much.

That’s when she made the smart decision to take a break, to figure out whether she wanted to play any more. She took college courses. She pursued her interests in art, as she put the rackets away and stopped doing the main thing she had done since she was a small girl, one of countless young Russians whose parents had emigrated to America and watched Maria Sharapova’s father turn her into a champion and millionaire many times over. Anisimova even looked a bit like her, nearly six-feet tall with a long blond ponytail flowing behind her visor.

By 2024, she was ready to give tennis a go again. The comeback happened in fits and starts, often stalled by that series of recurring injuries. She worked with a coach and a trainer, but until she found Soleymani earlier this year, she never had someone keeping watch over her nutrition, her sleep habits, and searching for the reasons she kept getting injured.

First Soleymani helped her get healthy, increasing her strength and flexebility down her problematic left side that seemed to be at the root of her back and hip problems. Then she was able to train hard enough to get fitter and stronger. Then the wins began to pile up, and the confidence that she could play long matches day after day returned.

All of that has been on display this week. She survived a three-set battle against Londa Nosková in the fourth round. She overcame her jitters and a resurgent Anastasia Pavlyuchenkova to prevail in a marathon second-set tiebreak in the quarterfinal.

Then, on Thursday, she played some of her best tennis at the end, as the match stretched past the two-hour mark on a day that felt far more like Florida than London and had multiple fans requiring medical attention in the sun-splashed seats of Centre Court.

She stayed cool enough to find a way into her first Grand Slam final, in this case, the biggest one of all. As each match point slipped away, her nerves rose. Then she saw the forehand in her strike zone and thumped it.

Now she gets Swiatek on Saturday, a five-time Grand Slam champion also playing in her first Wimbledon final.

“Obviously I haven’t been in a Grand Slam final before, but I’ve experienced a lot of moments similar and a lot of high-stakes matches,” Anisimova said of what lies ahead.

“I always tell myself ahead of the game to enjoy every moment, not really concentrate on the finish line or the outcome, and just to really stay in the present. So I’ll just keep telling myself that.”

Another good decision.

(Photo: Julian Finney / Getty Images)



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The White House just took its most aggressive stance yet against Jerome Powell

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CNN
 — 

The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.

Just two weeks after President Donald Trump sent a handwritten letter to Powell demanding lower interest rates, Russell Vought, Trump’s director of the Office of Management and Budget (OMB), accused Powell of breaking the law by failing to comply with government oversight regulations and lying to Congress about details of an approximately $2.5 billion planned renovation of the Fed’s headquarters.

“The President is extremely troubled by your management of the Federal Reserve System,” Vought wrote in a letter he posted to social media Thursday. “Instead of attempting to right the Fed’s fiscal ship, you have plowed ahead with an ostentatious overhaul of your Washington D.C. headquarters.”

For months, Trump has berated Powell, whom he appointed during his first term, and called him insulting names. The president has lately taken to calling Powell by the nickname “Too Late” for failing to recognize the 2022 inflation crisis fast enough and failing to slash interest rates as inflation has cooled down. Earlier this month, Trump suggested that Powell should resign in a social media post.

While some central banks, such as the European Central Bank and the Bank of Mexico, have lowered their benchmark lending rate a few times this year, the Fed has not. One big reason for that is the major policy shifts since Trump took office. Officials have said they want to see how those changes affect the economy first before considering further rate cuts.

Powell for his part has avoided responding to Trump’s harsh criticism, noting that the Fed is only focused on successfully taming inflation and preserving the labor market’s health.

CNN has reached out to the Federal Reserve for comment.

The latest criticism about the rising costs of the Fed’s headquarters may signal the administration is laying the groundwork to justify firing Powell, said Ed Mills, a policy analyst at Raymond James.

“The Supreme Court has made it very clear in their rulings that they would not support the president firing Powell,” Mills said. “So they can either find a reason to fire him for cause, or you create enough of a negative environment that Powell says, ‘it’s no longer worth it, I’m out.’”

However, firing Powell could send financial markets reeling: Mills warned that markets would not respond well to any indication that Powell, or another Fed chair, had lost their independence and was under the control of the president.

“I do think this could have the opposite impact of what they think it could,” Mills said. “If markets lose faith in the independence of the Fed, rates don’t go lower, they go higher.”

So the latest missive may instead be an effort to undermine Powell and turn sentiment against him.

Vought isn’t the only Trump administration official to slam Powell recently. In the past two weeks, Peter Navarro, the senior counselor for trade and manufacturing, wrote an op-ed calling Powell one of the worst Fed chairs in history; and Bill Pulte, head of the Federal Housing Finance Agency, called on Congress to investigate Powell.

“They are trying to pressure him in every way they can to resign,” said Alan Blinder, a former Fed vice chair, of Powell. “I don’t believe he will and I don’t believe he should.”

A White House official told CNN that the president’s frequent attacks on Powell are Trump’s way of venting his frustrations about the Fed chair. The official also said OMB’s decision to open an investigation is not a way to lay the groundwork for Powell’s firing.

“I am not aware of a broader scheme to use that as a way to push Powell out,” the official said.

Powell’s critics have increasingly raised concerns about a planned renovation of the central bank’s office buildings and Powell’s recent testimony to Congress about the construction work.

The cost estimate for those projects swelled to $2.5 billion this year, compared to earlier plans that said it would cost $1.9 billion. A 2023 Fed budget document attributed some of the additional cost to “significant increases in raw materials… higher labor costs, and changes in construction schedule expectations which lengthen use of leased space.”

While testifying before the Senate in June, Powell pushed back on criticism that the remodeling was excessive, saying, “there’s no VIP dining room, there’s no new marble… there are no special elevators, just old elevators that have been there.”

Vought accused Powell of lying in his testimony and said the Fed’s renovation did not comply with federal oversight regulations. However, the Federal Reserve has its own budget and set of rules, separate from the federal government’s.

President Trump has made it clear that he prefers a Fed chair who will lower interest rates, but the Fed hasn’t voted to cut rates since December.

Trump and his allies have said the Fed’s decision to keep rates steady is politically motivated, but Powell has signaled Trump’s tariff policy – and its potential to stoke inflation – have played a role.

When asked earlier this month whether the Fed would have cut rates by now if it weren’t for significant policy changes by the Trump administration, Powell responded, “I do think that’s right.”

However, Powell also noted that a majority of Fed officials to expect they will reduce rates later this year.

That may not be soon enough for Trump. Last month, Trump said he may announce his pick to succeed Powell, whose term ends in May 2026, “very soon.”

Even without firing Powell outright, such a move could undermine the markets’ confidence in the Fed, said Blinder, especially if the incoming chair pledges to lower interest rates.

“One obvious effect is it could raise inflationary expectations, meaning the market will raise interest rates,” Blinder said. “I think it could be a way for the president of the United States to push monetary policy.”

CNN’s Phil Mattingly, Matt Egan, Alayna Treene and Bryan Mena contributed to reporting.

This story has been updated with additional context and developments.



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