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Trump slams Powell as 'moron' and calls for Fed's board to take control of policy moves

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1 day ago

President Donald Trump on Friday upped his attacks on Federal Reserve Chair Jerome Powell, calling for the central bank's policymakers to "assume control" of the Fed's policy decisions.Trump has repeatedly criticized Chairman Powell's leadership at the central bank despite having appointed him as the Fed chair in 2017, including recent calls for the Fed to cut interest rates to boost the economy. He took to his Truth Social platform early Friday morning to urge the Federal Reserve's Board of Governors to take control from Powell if he resists immediate interest rate cuts, writing:"Jerome 'Too...

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