Trump escalates pressure on Fed and Powell with handwritten demands for lower interest rates
TL;DR Summary
President Trump has intensified his pressure on Federal Reserve Chair Jerome Powell, criticizing him for not lowering interest rates and demanding significant cuts, including through a handwritten note, amidst ongoing tensions over monetary policy and economic strategies.
- Trump Steps Up Pressure Campaign on Powell With Handwritten Note The New York Times
- Trump sends handwritten letter to Powell demanding ultra-low interest rates CNN
- Bessent on becoming Fed chair: ‘I will do what the president wants’ The Hill
- Trump attacks Fed again in open letter calling for lower rates Axios
- Trump intensifies attacks on Fed’s Powell The Washington Post
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