After a nearly 18-month campaign of bullying and harassment against the former Federal Reserve chairman, Jerome Powell, over his refusal to try and spur the U.S. economy by lowering interest rates, President Donald Trump indicated he no longer cares — now that his hand-picked Powell successor has done the same thing.
Trump told reporters in Paris that it’s “alright” with him if the central bank leaves rates alone — or even raises them — under the leadership of Kevin Warsh, who Trump tapped to succeed Powell as the Fed’s chair.
