‘BACK OFF’: Trump Scolds, But Fails To ‘Control’ Fed Reserve Chair; Powell Roars In Rare Statement

U.S. President Donald Trump met with Federal Reserve Chair Jerome Powell at the White House in a surprise encounter that sparked fresh controversy. Trump reportedly rebuked Powell for not cutting interest rates, claiming high borrowing costs were weakening the U.S. against China. The Federal Reserve issued a rare post-meeting statement, clarifying that Powell did not discuss monetary policy with the president. White House Press Secretary Karoline Leavitt confirmed the meeting and said Trump expressed dissatisfaction with the Fed’s current policy. While Trump allegedly called Powell a “fool” and suggested removing him, the White House denied any immediate plans to sack the central bank chief.#donaldtrump #federalreserve #jeromepowell #whitehouse