Newsmax-
President Donald Trump on Wednesday again slammed Federal Chair Jerome Powell, saying on Truth Social “‘Too Late,'” as he has nicknamed him, “is costing the U.S. 360 Billion Dollars a Point, PER YEAR, in refinancing costs.
“No Inflation, COMPANIES POURING INTO AMERICA. ‘The hottest Country in the World!” LOWER THE RATE!!!'” Trump posted on Truth Social.
“ANYBODY BUT ‘TOO LATE.'”
Trump on Tuesday called on Powell to “resign immediately” and said “it’s OK with me” if Congress investigates the chairman over claims he lied about a $2.5 billion upgrade to the central bank’s headquarters.
The president made those comments during a Cabinet meeting when he was asked by a reporter whether Powell should step down if he misled Congress. read more
Abolish the Federal Reserve and allow the open and competitive market to set the cost of money (interest rates). Instead of playing their games, take away their power 100%.
The current interest rate is much more typical historically, it’s just that we had an artificially low rate for about 20 years and got used to it.
That said, agree 100% with MrLiberty. Let the free market decide. But free it by removing regulations that favor big business.
POWELL HAS ALLOWED HIMSELF TO BECOME A POLITICAL STOOGE OF THE ANTI-TRUMP FLAVOR
Didn’t the guys who opposed the Fed all die on the Titanic?
Benito…the Fed has ALWAYS been the puppet of unaccountable banksters who DO NOT have the interests of Americans at heart. This isn’t about Trump alone.
This is the deep state/shadow government, what ever you want to call them, trying to slow down Trumps economic plan. I know peeps, my self included, that are looking to buy capital equipment but we’re waiting for the rates to go down. In the short term Powell is playing right into China’s hand. Not to mention he’s killing our real estate market. What an ass.
Oh Look who’s name is on the Epstein list!!!!!
I’m not saying it’s true but it might hit the news cycle and stick, just say’in
President Trump,
You already have an undated resignation from block head Powell.
Put a date on that and he is gone!
Why all the drama? You are the President and he isn’t!
who funds these fkng *******?