Trump Slams Fed, Claims Political Bias Behind Economic Moves
In a fiery statement reported by BlockBeats, former U.S. President Donald Trump accused the Federal Reserve of acting out of political motivation rather than sound economic reasoning. White House Press Secretary Levitt echoed Trump’s concerns, stating the Fed’s decisions could have long-term consequences for the U.S. economy. Trump, known for his critical stance on the Fed even during his presidency, reiterated his commitment to maintaining the U.S. dollar as the world’s top reserve currency. Interestingly, the U.S. dollar currently accounts for nearly 59% of global foreign exchange reserves—a dominance Trump says must be protected at all costs.