Howard Lutnick’s viral social media attack on Jerome Powell reveals the growing tension between Trump’s economic team and Fed independence—here’s what investors need to know
Commerce Secretary Howard Lutnick's scathing public attack earlier this week on Federal Reserve Chair Jerome Powell, calling him a “loser” and arguing for immediate interest rate cuts to capitalize on tariff revenues. But Lutnick’s economic reasoning contains several questionable assumptions that could impact your portfolio if implemented.
