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Donald Trump Tears Into 'Too Angry, Too Stupid' Jerome Powell
WASHINGTON, D.C., JUL 31 – Trump accuses Federal Reserve Chair Jerome Powell of incompetence and corruption, highlighting costly renovations and a 4.33% interest rate, and launches an investigation into the project.
- On Thursday, President Donald Trump criticized Powell after the Fed left rates unchanged on Wednesday, calling him a `total loser` and blaming him for costing the country trillions of dollars.
- Interest rates around 4.33% have drawn persistent calls for cuts from Trump, who has repeatedly urged Powell to lower rates and floated replacing him.
- The Commerce Department reported consumer prices rose 2.8% in June, with core PCE increasing from 2.7% to 2.8%.
- Instead of firing him, Trump launched an investigation into Powell over renovations at the Federal Reserve headquarters in Washington, D.C., amid legal and political pushback.
- Federal Reserve policymakers are on pause until mid-September, so any move to 1% risks undoing years of stabilization.
25 Articles
25 Articles
Furious of the US Federal Reserve's maintenance of policy rates, Donald Trump violently attacked his president, Jerome Powell, on Truth Social. Insults, mocking nicknames, accusations of corruption: the tone has gone a step further between the two men.
President Trump Issues Scathing Response to Jerome Powell for Refusing to Lower Interest Rates * 100PercentFedUp.com * by Kaley
President Trump is not happy with Federal Reserve Chair Jerome Powell, who once again refused to cut interest rates at yesterday’s FOMC meeting. Today, President Trump was asked if he thinks Jerome Powell is just playing politics. And, he responded with a decisive yes. “He’s a political hack, not very good,” President Trump said, “He’s not a smart guy!” Watch here: Transcript: Baldwin: Fed Chair Jerome Powell is not lowering interest rates agai…
Release it! Group suing Jerome Powell demands transcript of suspicious closed-door meeting · American Wire News
President Donald J. Trump blasted Federal Reserve Chair Jerome Powell for refusing to lower interest rates, after the Fed voted to leave its key short-term interest rate (4.3%) unchanged for the fifth time this year. “Jerome ‘Too Late’ Powell has done it again!!!” Trump posted on Truth Social. “He is TOO LATE, and actually, TOO ANGRY, TOO STUPID, & TOO POLITICAL, to have the job of Fed Chair. He is costing our Country TRILLIONS OF DOLLARS, in ad…
President Trump Issues Scathing Response to Jerome Powell for Refusing to Lower Interest Rates
President Trump is not happy with Federal Reserve Chair Jerome Powell, who once again refused to cut interest rates at yesterday’s FOMC meeting. Today, President Trump was asked if he thinks Jerome Powell is just playing politics. And, he responded with a decisive yes. “He’s a political hack, not very good,” President Trump said, “He’s not a smart guy!” Watch here: Transcript: Baldwin: Fed Chair Jerome Powell is not lowering interest rates again…
“He’s a Political Hack. He’s not a Smart Guy” - Trump SLAMS Jerome Powell for Sabotaging him with High Interest Rates: "Biden Only Extended Him Because He Knew I Couldn't Stand Him"
President Trump slammed Fed Chair Jerome Powell on Thursday, calling him a “political hack” and questioning his intelligence, after he refused to cut interest rates for the fifth time since December on Wednesday. On the same day that Powell and the Federal Open Market Committee (FOMC) refused to cut rates, new GDP data came out showing 3% growth, which President Trump hailed as “WAY BETTER THAN EXPECTED.” Still, despite this growth, along with …
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