Trump disses Fed Chair Jerome Powell as a no-name poser
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.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
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
-
The 9 best steroid-free players who should be in the Baseball Hall of Famein depth These athletes’ exploits were both real and spectacular
-
‘Bad Bunny’s music feels inclusive and exclusive at the same time’Instant Opinion Opinion, comment and editorials of the day
-
What to watch on TV this Februarythe week recommends An animated lawyers show, a post-apocalyptic family reunion and a revival of an early aughts comedy classic
-
Japan’s Takaichi cements power with snap election winSpeed Read President Donald Trump congratulated the conservative prime minister
-
Trump sues IRS for $10B over tax record leaksSpeed Read The president is claiming ‘reputational and financial harm’ from leaks of his tax information between 2018 and 2020
-
Trump, Senate Democrats reach DHS funding dealSpeed Read The deal will fund most of the government through September and the Department of Homeland Security for two weeks
-
Fed holds rates steady, bucking Trump pressureSpeed Read The Federal Reserve voted to keep its benchmark interest rate unchanged
-
Judge slams ICE violations amid growing backlashSpeed Read ‘ICE is not a law unto itself,’ said a federal judge after the agency violated at least 96 court orders
-
Rep. Ilhan Omar attacked with unknown liquidSpeed Read This ‘small agitator isn’t going to intimidate me from doing my work’
-
Democrats pledge Noem impeachment if not firedSpeed Read Trump is publicly defending the Homeland Security secretary
-
The billionaires’ wealth tax: a catastrophe for California?Talking Point Peter Thiel and Larry Page preparing to change state residency
