President Trump during a lengthy interview with Fox Business' Maria Bartiromo on Wednesday tore into Federal Reserve Chairman Jerome Powell, who he again said he has the right to fire.
Trump during the interview mocked Powell as a guy who "nobody ever heard of " before, saying that "I made him and now he wants to show how tough he is." This came after Bartiromo pointed out that Powell has said he won't be pushed around amid Trump's repeated criticism.
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The president also once again contended that he could fire or demote Powell while noting that he never said he's actually going to do so. After Bloomberg reported that Trump had discussed demoting Powell earlier this year, Trump said in a Sunday interview that he "didn’t ever threaten to demote him" but "I'd be able to do that if I wanted."
"We have a Fed that keeps raising interest rates," Trump also said on Wednesday. "I mean, you explain that one." Brendan Morrow
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