The conflict between President Trump and Fed Chair Jerome Powell continues to fester. Last week, The Gateway Pundit reported that Trump called on Powell to resign, saying on Truth Social,“’Too Late,’ should resign immediately!!!”
Speaking to the press outside the White House, Trump was asked if he would fire Powell.
President Trump replied, “No….I think he’s doing a terrible job. I think we should be three points lower interest rate. He’s costing our country a lot of money. We should be number one, and we’re not. And that’s because of Jerome Powell….In terms of interest…”
“We are number one in the world. Look, I’ll tell you a little simple language. One year ago, our country was a dead country. We were going nowhere except down. We were the laughing stock all over the world.”
“And now we’re the hottest country anywhere in the world. We’re number one everywhere, anywhere in the world. And that’s all they’re talking about, is our country.”
“One year ago, it was a dead country. Now it’s the hottest country anywhere in the world.”
Watch:
The Gateway Pundit previously reported that Powell took a shot at Trump and said the Fed would have likely lowered interest rates if not for Trump’s tariffs.
President Trump inherited high inflation, a stalled economy, and high unemployment from Joe Biden, yet Powell is refusing to slash interest rates.
The Fed can stimulate the economy and the real estate market by lowering interest rates; however, Powell has left interest rates unchanged since Trump was sworn into office this year.
The post President Trump Slams Fed Chair Jerome Powell: “We should be number one, and we’re not. And that’s because of Jerome Powell.” (Video) appeared first on The Gateway Pundit.
