$USDC President Donald Trump has strongly criticized the Chairman of the Federal Reserve (Fed) Jerome Powell, especially in the context of the ongoing Fed meeting. Trump called Powell "stupid" and claimed that he would not implement the interest rate cuts he expected. According to Trump, interest rates in the U.S. should have been lowered by at least 2 percentage points, while European countries have implemented 10 rate cuts.

Trump also pointed out that Powell is politically biased and has caused significant damage to the U.S. economy. This criticism reflects Trump's views on how the Fed manages monetary policy, particularly against the backdrop of recent economic challenges. Trump has consistently emphasized that lowering interest rates is necessary to boost economic growth and support the market.