Trump, Fed and Powell
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Daily Wrap on MSN12d
Trump's relentless critique of Powell raises market concernsDonald Trump is once again exerting pressure on the head of the US central bank. He has been criticising Jerome Powell since his second term in the White House began. In the past, Trump has referred to him as a "fool" and "a big loser.
"Jerome Powell is a FOOL, who doesn't have a clue," Trump wrote on Truth Social ... that position as markets balked but has kept up his critiques. His latest comments follow Wednesday's meeting ...
Under relentless attack from President Donald Trump, Jerome Powell needs all the allies he can get — and he has plenty in Congress, including among Republicans who show little appetite for ditching the Federal Reserve chief.