Trump Slams Fed Chair Powell, Demands Immediate Rate Cuts
President Donald TRUMP escalated his criticism of Federal Reserve Chair Jerome Powell, labeling him a "stubborn moron" and demanding aggressive rate cuts to address economic concerns. The public rebuke underscores growing tensions between the White House and the central bank over monetary policy.
Trump's call for immediate action reflects mounting pressure on the Fed to stimulate markets. His suggestion that the Federal Reserve Board could override Powell signals unprecedented political interference in central bank independence.