Trump says Powell is costing the US a fortune by not lowering rates. But firing the Fed chair may not fix the issue
- Posted on July 19, 2025
- By CNN
- 5 Views
Trump says Powell is costing the US a fortune by not lowering rates. But firing the Fed chair may not fix the issue
As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates.
