📢 President Trump criticizes FED Chairman Jerome Powell: “Too late and stupid!”
In a post on Truth Social on May 8, 2025, President Donald Trump openly called Federal Reserve Chairman Jerome Powell a “stupid person” and claimed that Powell “understands nothing at all.” Nevertheless, he still sarcastically remarked: “Aside from that, I really like him!”
Trump asserted that during his tenure, the U.S. economy witnessed:
- Oil and energy prices plummeting
- Living costs, including groceries and eggs, decreasing
- Almost no inflation
- Tariff revenues flowing into the U.S.
He concluded that this is “completely opposite to what Jerome Powell calls 'too late'” — referring to the current FED's slow handling of inflation.