President Donald Trump has publicly criticized Jerome Powell, the chairman of the Federal Reserve, for not lowering interest rates. He has called Powell “too late” and a “loser” and has reportedly considered a lawsuit against him. This criticism comes amid uncertainty surrounding Trump’s proposed tariffs.
In a post on Truth Social, Trump overstated the cost of a Federal Reserve building project. In the same post, he recalled appointing Powell during his first term, a detail he seemed to have forgotten previously.
