Reported about 10 hours ago
Former President Donald Trump expressed his desire for the Federal Reserve Chair Jerome Powell to resign, criticizing his performance and labeling him 'stupid.' Trump also advocated for a reduction of interest rates to 1%, arguing that current rates are higher due to what he termed 'Trump Derangement Syndrome.' While Trump has previously threatened to fire Powell, who is serving a term until May 2026, he plans to nominate a successor focused on lowering rates.
Source: YAHOO