President Donald Trump continued his attacks against the Federal Reserve on Tuesday, calling the Fed his “biggest threat” due to its raising short-term interest rates.
“My biggest threat is the Fed, because the Fed is raising rates too fast,” he told FOX Business Network’s Trish Regan. “And it’s too independent, so I don’t speak to [Trump-appointed Fed Chair Jerome Powell], but I’m not happy with what he’s doing, because it’s going too fast, because — you looked at the last inflation numbers, they’re very low.”
Inflation rates hit a six-year high in July. Regan interjected, referring to Powell: “But you put him there.”
“I’m not blaming anybody, I put him there,” Trump responded. “And maybe it’s right, maybe it’s wrong, but I put him there. There’s a couple of other people there that I’m not so happy with, too, but for the most part, I’m very happy with people.”
“Higher interest rates means Jared and I will pay more on the money we are borrowing from the Saudis.”
I think his biggest threat is Mueller, but that’s just me.
Nope. Not just you.
It’s also the IC that he’s perpetually pissing off.
Since that judge threw out Stormy’s suit, I guess she is no longer a threat, but now Elizabeth Warren is going to come after that million dollars he offered up…
“I’m very happy with people.” This man is so damn dumb that it just boggles the mind how he made it to adulthood.