Trump shares handwritten note to Powell: ‘You have cost the USA A Fortune’
- President Donald Trump criticized Federal Reserve Chairman Jerome Powell, urging him to lower interest rates due to the U.S. needing to refinance about $9 trillion in debt.
- Trump shared a handwritten note on Truth Social urging Powell to lower interest rates significantly, asserting that hundreds of billions of dollars are being lost.
- The President is considering nominating a new Fed chair as early as September to replace Powell, indicating discontent with current monetary policy.
- Press Secretary Karoline Leavitt supported Trump’s views, highlighting an economic boom under his policies while criticizing the Fed's inaction on interest rates.
42 Articles
42 Articles
Trump ramps up pressure on Fed Chair Powell to cut rates in handwritten note: ‘You have cost the USA a fortune’
President Trump on Monday escalated attacks on Fed Chair Jerome Powell to slash rates, accusing the policymaker in a handwritten letter of costing the nation “hundreds of billions of dollars.”
Trump Publishes Scathing Handwritten Note He Sent Jerome Powell - Complete with a Helpful Chart
President Donald Trump hammered Federal Reserve Chair Jerome Powell on Monday for not lowering interest rates, contending that he is keeping them artificially high. The Federal Reserve Board declined to […] The post Trump Publishes Scathing Handwritten Note He Sent Jerome Powell - Complete with a Helpful Chart appeared first on The Western Journal.
[Washington = Takami Kosuke] On the 30th, US President Trump sent a table to Federal Reserve Chairman Powell, listing policy interest rates from around the world and writing his requested levels in handwriting. He called for a "significant cut in interest rates" to curb the US government's interest payment costs. His remarks seem to shift criticism of the country's worsening finances onto the Fed. White House Press Secretary Levitt revealed this…
See Trump's handwritten note to Jerome Powell complaining about interest rates
President Donald Trump continues to bash Federal Reserve Chairman Jerome Powell — this time via a personal note.Andrew Caballero-Reynolds/AFP/Getty ImagesPresident Donald Trump continues to blister Fed Chairman Jerome Powell.On Monday, the White House released a personal note Trump sent to Powell.Trump continues to express frustration over the Fed's refusal to cut interest rates.President Donald Trump has found a new way to criticize Federal Res…
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