Trump is firing up again! This time he's targeting Powell! 😂😂
On August 12, Trump exploded on his own social platform Truth Social, repeatedly calling for the Federal Reserve to hurry up and cut interest rates. He criticized Powell for being "slow on the uptake" in everything he does, saying this delay has caused "unimaginable losses" to the American economy.
The funniest part is that Trump also threatened to sue Powell! The reason is particularly amusing: not because of monetary policy, but because Powell hasn't managed the renovation of the Federal Reserve building well! According to Trump, a job that should have cost $50 million ended up costing $3 billion! Where did all that money go?
However, Trump also admitted that the economy looks okay right now, but he just can't swallow this frustration. It feels like he's directly clashing with Powell, seizing any opportunity to take a jab. This plot is even more exciting than a TV drama, calling for interest rate cuts to save the economy on one hand, and wanting to sue over high renovation costs on the other, Trump's actions are truly something else! #ETH突破4400