💥Donald Trump's Statements Against the Federal Reserve
President Donald Trump criticized Federal Reserve Chairman Jerome Powell in a post on the Truth Social platform on August 12, 2025, where he demanded an immediate reduction in interest rates and nicknamed Powell "Too Late," accusing him of causing "immeasurable" damage to the economy due to his handling of monetary policies.
In addition to his criticisms of monetary policy, Trump threatened to allow a "major lawsuit" against Powell. He alleged supposed mismanagement in the renovation project of the Fed's headquarters in Washington, claiming that the cost skyrocketed from $50 million to $3 billion. Trump described this project as "horrible and exceedingly incompetent."
These statements come amid a debate over the country's economic direction, with Trump asserting that the economy remains strong "despite" the Federal Reserve's decisions. The possibility of a lawsuit against the Fed leader could create uncertainty in the financial markets.
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This publication was created for informational and educational purposes. It is not an investment recommendation, nor legal, tax, or financial advice. 🚫
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