Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates | Metals Mine

  • Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

    From cbsnews.com

    A top Trump administration official accused Federal Reserve Chair Jerome Powell of leading an "ostentatious" office renovation project that may be "violating the law" on Thursday, a new broadside against the central bank chief as President Trump tangles with him over interest rates. "The President is extremely troubled by your management of the Federal Reserve System," Office of Management and Budget Chair Russell Vought wrote in a letter Thursday. The letter came after months of criticism from Mr. Trump over the Fed's decision not to slash interest rates. Economists say lowering rates may accelerate economic ... (full story)

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Ata-Turkoglu
Jul 11, 2025 7:29am
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No infitinity pool on the terrace? Shame on you, Powell!
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Bloodwish
Jul 11, 2025 7:45am
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Powell did his job very well
But trump won't be able to do his
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AonRaza
Jul 11, 2025 3:35pm
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keep sending USD to hell
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atillaken
Jul 11, 2025 8:30am
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Powell is a precious economist. trump must respect him.
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Pat Chiko
Jul 11, 2025 3:11pm
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Trump’s push for rate cuts, tariffs, and fiscal expansion mirrors Nixon’s strategy—weakening the dollar to boost exports and maintain dominance
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Pat Chiko
Jul 11, 2025 3:12pm
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The GENIUS Act, recently passed in the U.S. Senate, lays the groundwork for regulated digital dollars, potentially reinforcing dollar hegemony in a new form.
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san99
Jul 11, 2025 2:21pm
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Vought and Miller are the real traitors !!!
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Trader#A89D
Jul 11, 2025 9:13am
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Fed main policy is to maintain growth in the economy and labor market with an inflation not exceeding 2% his main tool is the interest rate to achieve that while Trump wants to lower the interest rate in order to lower the finance cost to minimize the budget deficit of his government. This is where the conflict between Trump and the Fed. Fed and Trump looks at the economy in different angle. I believe both of them are rights from their own perspective as long as the economy is still growing and the labor market is strong with well monitoring inflation. Trump is pushing had on the Fed as he has reengineered the USA economy by Tarif and get the production of goods to USA. Fed should support his policy while not forget doing his task.
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AlGator21
Jul 11, 2025 10:15am
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Powell has done a fantastic job. The orange blowhard hates that he's doing his job correctly.
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Jagtar
Jul 11, 2025 2:03pm
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Trump and Elon are mutually doing all the drama
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nafokito
Jul 11, 2025 4:15am
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they just play the cinema trump control by his way but bad way
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Sadness
Jul 11, 2025 4:17am
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Trump needs to shut up for a sec, especially on tariffs. Can we trade peacefully without any spikes.
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acretrading
Jul 11, 2025 7:05am
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Quoting Sadness
Trump needs to shut up for a sec, especially on tariffs. Can we trade peacefully without any spikes.
he needed that for trading :-)
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Trader#F98C
Jul 11, 2025 10:32am
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I can't wait until there are adults back in the White House again.
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Trader#338B
Jul 12, 2025 7:24am
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Quoting Sadness
Trump needs to shut up for a sec, especially on tariffs. Can we trade peacefully without any spikes.
Can we trade peacefully without the US being taken advantage of? More sadness.
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Trader#5055
Jul 11, 2025 4:37am
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When nothing works, you take the gloves off and show your stylized fingernails…
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Trader#A306
Jul 11, 2025 5:03am
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Powell should fry TACO and hid con men circus.
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Trader#B749
Jul 11, 2025 8:33am
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Quoting atillaken
Powell is a precious economist. trump must respect him.
" Transitory" Powell was a lawyer , NOT an economist
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Trader#D5B4
Jul 11, 2025 10:13am
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Trump's a bully. Powell isn't going to fold to a bully, so Trump resorts to his usual tactics... slinging poo. Nothing new to see here guys. Move along.
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