Cheato Bandito whining about Jerome Powell again [View all]
President Trump said Jerome Powell "should resign immediately" in a Truth Social post Wednesday night, increasing a White House pressure campaign on the Federal Reserve chairman that has been intensifying this week.
Trump started the week by publicly criticizing the Fed and Powell for not lowering rates. He posted a note he sent to Powell telling the Fed chair, "Jerome—You are, as usual, 'Too Late,'" and arguing that he has "cost the USA a fortune." His press secretary held up the note at the White House on Monday so reporters could see it.
Treasury Secretary Scott Bessent then, in separate TV interviews, compared the Fed to an old person who is afraid of falling after having stumbled once and said, "I guess this tariff derangement syndrome happens even over at the Fed," referring to concerns Powell and other Fed officials have voiced about inflation from Trump's tariffs.
When Trump used Truth Social Wednesday night to urge Powell's resignation, referring to him again with the nickname "Too Late," he linked to a news story that detailed calls made by yet another member of his administration, Federal Housing Finance Agency Director Bill Pulte, for Congress to investigate Powell over statements made to Senate lawmakers about renovations to the Fed's headquarters.
https://finance.yahoo.com/news/trump-feds-powell-should-resign-immediately-111529874.html
How much scotch do you drink Bessent, or do you have another preferred poison? You always seemed to be buzzed.
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