Trump also repeated false claims about renovation costs for the Fed headquarters during a Monday press conference
Donald Trump launched another attack against Federal Reserve chair Jerome Powell on Monday, calling the central banker a “fool” and once again suggesting he would like to fire him.
Trump launched his latest attack on Powell during a press conference with Israel’s prime minister Benjamin Netanyahu, repeating false claims about the cost of a renovation of the central bank headquarters, and told reporters that he might file a lawsuit against Powell for “gross incompetence”.
Trump boasted about what he said was the great state of the US economy, before adding that it was so, “despite the fact that we have a fool at the Federal Reserve.”
“I mean, Biden reappointed him. It’s too bad. You would have thought he wouldn’t have done that,” Trump said, without any acknowledgment that he had first appointed Powell himself, in 2018.
