President Trump criticized Federal Reserve Chairman Jerome Powell for his perceived failure to respond adequately to economic conditions, particularly regarding interest rates. In a post on Truth Social and during a Q&A in the Oval Office, Trump expressed his belief that Powell is consistently "too late" in his actions, particularly in contrast to the European Central Bank's proactive stance. The former president suggested that if he wanted Powell removed, it would happen quickly, showcasing his view that Powell is not fulfilling his responsibilities effectively amid economic challenges he attributes to current policies.
President Trump expressed his dissatisfaction with Federal Reserve Chairman Jerome Powell, claiming that if he wanted Powell out, it could happen very quickly.
Trump reiterated his frustrations over Powell's timing and decisions, stating, "he's too late, always too late... I let him know it, and, oh, if I want him out, he'd be out of there real fast."
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