Washington – Trump Says ‘my Biggest Threat Is The Fed’

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    Federal Reserve Board Chairman Jerome Powell announces the Fed is raising interest rates at a news conference after a Federal Open Market Committee meeting in Washington, DC, USA, 26 September 2018.  EPAWashington – U.S. President Donald Trump heaped more criticism on the Federal Reserve in an interview with Fox Business Network on Tuesday, extending his discontent beyond its chairman, Jerome Powell, who he has frequently critiqued in public.

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    “My biggest threat is the Fed,” he said according to excerpts released before the interview with Trish Regan Primetime airs. “I put a couple of other people there I’m not so happy with too but for the most part I’m very happy with people.”

    Last week Trump criticized the U.S. central bank twice, saying it was raising interest rates so swiftly that it threatened the country’s economic health.

    Past U.S. presidents have criticized the central bank, but the recent run of invective was unusual even for Trump, where he has called the Fed “crazy,” “loco,” “ridiculous,” and “too cute.”

    Trump has said he is not trying to oust Powell, who he appointed to replace former Chair Janet Yellen.

    “Can I be honest? I’m not blaming anybody,” he said in the interview. “I put him there. And maybe it’s right, maybe it’s wrong, but I put him there.”


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    3 Comments
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    puppydogs
    puppydogs
    5 years ago

    Well I guess it isn’t Pochantus or Spartacus

    PaulinSaudi
    PaulinSaudi
    5 years ago

    The economy was doing fine when he took over. He decided to make changes.

    yaakov doe
    Member
    yaakov doe
    5 years ago

    Trump’s biggest threat is his mouth.