Trump urges Fed to take control from Powell over interest rate decisions
TL;DR Summary
President Trump has called for the Federal Reserve's board to take control from Chair Jerome Powell if he does not cut interest rates, criticizing Powell's stance and advocating for significant rate reductions to boost growth and reduce debt costs, despite potential inflation risks.
- Trump demands that Federal Reserve board wrest full control of central bank from Fed Chair Powell PBS
- Trump calls on Fed board to take control from Powell over interest rates Al Jazeera
- Fed keeps interest rates unchanged for fifth-straight time CNN
- Trump Urges Fed Board to ‘Assume Control’ If Rates Are Not Cut Bloomberg
- Trump lashes out at Powell over rate decision with stream of insults Axios
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