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Trump Attacks Fed Chair Powell with Sharpie Note | JQJO

Trump Attacks Fed Chair Powell with Sharpie Note

Trump Attacks Fed Chair Powell with Sharpie Note

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President Trump criticized Federal Reserve Chair Jerome Powell for not lowering interest rates, sharing a Sharpie-written note displaying global interest rates and a message for Powell calling him "too late" and costing the US "hundreds of billions". Trump's note, shown by White House press secretary Karoline Leavitt, urged a significant rate reduction, despite lacking the power to fire Powell. Trump's actions have sparked criticism, and he is reportedly considering naming Powell's replacement early.

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