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Trump Expands Fed Criticism Beyond Powell, Blames the Board
Posted
June 30, 2025
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3:24Now PlayingTrump Expands Fed Criticism Beyond Powell
President Trump says Federal Reserve Chair Jerome Powell “and his entire Board, should be ashamed of themselves” for not lowering the federal funds rate. The social post comes after Treasury Secretary Scott Bessent played down speculation that President Donald Trump may consider an early move to nominate a successor to Federal Reserve Chair Jerome Powell, pointing to one potential timeline that could see a name emerge in October or November. Bloomberg Treasury Reporter Dan Flatley reacts to the news.
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