
Donald Trump has never met a problem he didn’t immediately blame on Joe Biden. On Monday, he turned that reflex toward the Federal Reserve. Apparently, Jerome Powell not working to Trump’s standard is also Biden’s fault.
Speaking at Mar-a-Lago during a joint briefing with Israeli PM Benjamin Netanyahu, Trump unloaded on Federal Reserve Chair Jerome Powell. He had his vocabulary rehearsed, describing Powell as “an absolute fool,” “too late Powell,” and “grossly incompetent.” He also floated the idea of firing him, and urged him to resign “as a favor to the nation.” And that wasn’t it. The president even teased a lawsuit against the Fed chair for “gross incompetence.”