Trump Criticizes Fed and Powell Over Rate Decisions
TL;DR Summary
President Trump publicly urged the Federal Reserve to cut interest rates and threatened to have the board assume control if Chair Jerome Powell refuses, amid ongoing tensions and recent dissent within the Fed regarding rate policies.
- 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
- Donald Trump’s War with Jerome Powell and the Fed Is Far from Over The New Yorker
- Trump says Powell is a 'moron' and calls for the board to 'assume control' of the Fed, soon after it kept rates steady again Business Insider
- Trump again slams Fed chair Powell after rates hold Reuters
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