President Donald J. Trump is committed to making our economy great again.
Trump has stepped up his criticism of the unaccountable Federal Reserve, to the delight of libertarians and sound-money advocates across the country.
From the Wall Street Journal:
President Trump escalated his attacks on Federal Reserve Chairman Jerome Powell, saying the head of the nation’s central bank threaten U.S. economic growth and appeared to enjoy raising interest rates.
In an interview Tuesday with The Wall Street Journal, Mr. Trump acknowledged the independence the Fed has long enjoyed in setting economic policy, while also making clear he was intentionally sending a direct message to Mr. Powell that he wanted lower interest rates.
“Every time we do something great, he raises the interest rates,” Mr. Trump said, adding that Mr. Powell “almost looks like he’s happy raising interest rates.” The president declined to elaborate, and a spokeswoman for the Fed declined to comment.
Mr. Trump said it was “too early to tell, but maybe” he regrets nominating Mr. Powell.
Preach it, President Trump!