'Too late': Donald Trump slams Jerome Powell, calling him one of the 'dumbest and most destructive'; accuses Fed chief of costing US billions

Donald Trump has intensified his criticism of Federal Reserve Chairman Jerome Powell, accusing him of costing the U.S. billions by not cutting interest rates. Trump argues that the US should have lowered rates by 2.5 points, similar to Europe's actions, to save on debt.

Jun 20, 2025 - 09:00
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'Too late': Donald Trump slams Jerome Powell, calling him one of the 'dumbest and most destructive'; accuses Fed chief of costing US billions
Donald Trump has intensified his criticism of Federal Reserve Chairman Jerome Powell, accusing him of costing the U.S. billions by not cutting interest rates. Trump argues that the US should have lowered rates by 2.5 points, similar to Europe's actions, to save on debt.

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