August 1, 2025
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4:56Now PlayingPresident Donald Trump fumed at Fed chair Jerome Powell on Friday morning, urging the central bank board to wrest control from him after he again opted against lowering interest rates this week.
“Jerome ‘Too Late’ Powell, a stubborn MORON, must substantially lower interest rates, NOW. IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!” Trump wrote on social media.
Investor and television personality Kevin O'Leary told “NewsNation Now” that Trump’s criticisms of Powell aren’t likely to manifest in significant change at the Fed.
#FederalReserve #DonaldTrump #JeromePowell
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