Trump slams Fed Chair Powell
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As the minutes of the Federal Reserve’s June meeting were released on Wednesday, the word “uncertainty” reigned supreme amid the ongoing tariff turmoil and President Donald Trump‘s call to cut rates by 3 percentage points.
This comes amid Trump’s call for slashing the interest rates by 3%, highlighting that Powell was "Too Late" and it “is costing the U.S. 360 Billion Dollars a Point, PER YEAR, in refinancing ...
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.
In the early, early hours of Tuesday, as President Donald Trump posted all-caps screeds on Truth Social begging for Israel and Iran to cease fire, he took a brief moment to refocus his ire on another frequent target: Federal Reserve Chair Jerome Powell, whom he had first appointed back in 2017.
Powell's term is set to expire in early 2028, meaning Trump will have the opportunity to replace him, though he has suggested he may seek to fire him earlier.