Trump, Jerome Powell and Fed
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Powell is the head of the US central bank and has recently faced relentless attacks from Trump on social media and in the press, with the Republican leader claiming he’s moving too slowly to cut interest rates.
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Mediaite on MSNClip of Trump Nominating Powell Goes Viral After President Seemed to Forget It HappenedIn a resurfaced clip from 2017, President Donald Trump sang the praises of Federal Reserve Chair Jerome Powell when he first nominated him.
Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.
Sky News host Rowan Dean has reacted to a clip of Donald Trump taking shots at Jerome Powell during a tense interaction at the Federal Reserve’s renovation site.