Trump, Dollar and Powell
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President Donald Trump said he’s not planning to fire Jerome Powell, and still managed to make it sound like a threat.
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Mediaite on MSNTrump Surprised ‘Terrible Fed Chair’ Jerome Powell Was Appointed — Forgetting He Appointed HimPresident Trump admitted Wednesday that he was "surprised" that Jerome Powell was appointed Fed Chair, apparently forgetting he appointed him. The post Trump Surprised ‘Terrible Fed Chair’ Jerome Powell Was Appointed — Forgetting He Appointed Him first appeared on Mediaite.
President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying multi-pronged efforts by Trump’s advisers to amplify and expand on Trump’s attacks are a good reason to rethink that indifference.
Prominent MAGA figures – up to and including Vice President JD Vance – fueled conspiracy theories about Epstein for years to spin up the MAGA base with suggestions about the existence of a “client list” of prominent Americans who had sex with underage girls. Often accompanied by accusations of a Democratic cover-up.
The Fed is self-funding and doesn’t need outside approval for building projects, according to the law that created the central bank.
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Mediaite on MSNClip of Trump Praising Fed Chair Powell’s ‘Good Judgement’ Goes Viral Amid President’s Vicious AttacksIn a resurfaced clip from 2017, President Donald Trump sang the praises of Federal Reserve Chair Jerome Powell when he first nominated him. The post Clip of Trump Praising Fed Chair Powell’s ‘Good Judgement’ Goes Viral Amid President’s Vicious Attacks first appeared on Mediaite.
Fed Chairman Jerome Powell defends the central bank's $2.5 billion renovation project against Trump administration criticism
The most recent criticisms against Fed chair Jerome Powell come after President Donald Trump continues to demand lower interest rates.
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Mid-Day on MSNDonald Trump Makes Scathing Attack on U.S. Fed Chief Jerome Powell; Says He`s Terrible, Total StiffUS President Donald Trump has launched a scathing attack on Federal Reserve Chair Jerome Powell, accusing him of mismanaging a $2.5 billion renovation of the U.S. central bank. In public remarks, Trump mocked Powell’s leadership and highlighted what he claims are repeated failures by economic experts.
All three major stocks indexes slid, while bonds sold off after reports that President Trump is likely to fire Federal Reserve Chair Jerome Powell soon. The S&P 500 was down 0.6%, the Dow was down 0.5%,