Trump pushes Powell to cut rates, renewing debate over Fed independence
Fed Chairman Jerome Powell 'is always too late and wrong,' the president said.
President Donald Trump renewed his attack on Jerome Powell Thursday, declaring in a social media post that the Federal Reserve chairman's "termination can't come fast enough."
The strongly worded message marks the latest in a series of criticisms the president has directed toward the Fed chairman, tied largely to Powell's reluctance to lower interest rates in the early months of the year. Trump himself appointed Powell in 2017.
