Trump Lashes Out at Powell, Says ‘Termination Cannot Come Fast Enough’
Jerome Powell,Donald Trump,Banking And Finance,Business,Economy And Jobs,Taxes,Trade,Inflation,Tariffs
From the Center
AllSides Media Bias Rating: Center
President Trump lashed out at Federal Reserve Chair Jerome Powell in a post on social media Thursday that hinted at potentially dismissing the central bank leader, one day after Powell warned that the Fed could face a difficult trade-off as tariffs raise prices and weaken the economy.
“Powell’s termination cannot come fast enough!” the post read. Trump said Powell “is always TOO LATE AND WRONG” and should be cutting interest rates alongside other central banks.
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