White House: Trump has the ‘right’ to criticize Powell, call for lower rates
- President Donald Trump criticized Federal Reserve Chair Jerome Powell, calling him ǣa major loserǥ and stating that his termination ǣcannot come soon enoughǥ.
- Despite his harsh words, Trump said he has ǣno intentionǥ of firing Powell, following adviser warnings about potential backlash.
- Press Secretary Karoline Leavitt affirmed Trump's right to criticize the Fed and express views on interest rates.
- Powell denied being politically motivated in monetary policy decisions, stating he will make informed decisions at scheduled meetings.
34 Articles
34 Articles
Trump’s Feud With the Federal Reserve Will Hit Your Pocketbook
President Donald Trump may have temporarily walked back his recent disparagement of Federal Reserve Chair Jerome Powell, but the damage was done: The president spooked stock market investors, caused the value of the dollar to plunge, worried economists the world over, and raised the threat that the nation’s central bank may no longer be insulated from the vicissitudes of electoral politics.Trump has threatened to fire Powell—whom he nominated to…

Trump should be 'free' to criticize the Fed, senior official says
President Donald Trump should be free to voice his opinion about the US Federal Reserve, a senior bank official said Thursday, while defending the central bank's independence to tackle inflation.
Trump attacks the Federal Reserve chairman again
By David Goldman, CNN US President Donald Trump said Wednesday that Federal Reserve Chairman Jerome Powell has kept interest rates too high, so he “might call him.” “I haven’t called him. I might call him,” Trump said at an executive action signing ceremony in the Oval Office Wednesday night. “I think he’s making a mistake by not lowering interest rates, and I think while we’re doing well, we could do a lot better.” Trump has publicly attacked P…
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