Trump Slams Fed Chairman Over Interest Rates, Says ‘Take Away His Powers’
Digital Desk
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Former U.S. President Donald Trump criticized Federal Reserve Chairman Jerome Powell for not cutting interest rates, accusing him of hurting the economy and even calling for his powers to be revoked, sparking fresh political and economic debate.
United States President Donald Trump has called on the Federal Reserve Board to take away the control of the Central Bank from Chairman Jerome Powell and reduce interest rates. Trump has been verbally attacking Jerome Powell for the past several days. He is angry about why the central bank did not cut interest rates. The President of America is currently in fire mode. Donald Trump, who came into action mode by imposing tariffs on foreign countries, is now not even sparing his own people. He expressed anger at the Chairman of the Federal Reserve Bank. US President Donald Trump on Friday called on the Board of the Federal Reserve to take away the powers of Fed Chairman Jerome Powell. And criticized the head of the US central bank for not cutting interest rates.
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