President Trump slams Fed chief: 'Who is our bigger enemy, Jay Powell or Chairman Xi?' (Correction: Bigger, not biggest)
, slamming Jerome Powell as an “enemy” who could pose a bigger risk to the U.S. than Chinese President Xi Jinping.
“As usual, the Fed did NOTHING! It is incredible that they can ‘speak’ without knowing or asking what I am doing, which will be announced shortly,” Trump tweeted. “We have a very strong dollar and a very weak Fed. I will work ‘brilliantly’ with both, and the U.S. will do great.” Trump added: “My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” referring to the Chinese leader. Trump misspelled Powell's name in an initial tweet, which he then deleted.
As usual, the Fed did NOTHING! It is incredible that they can “speak” without knowing or asking what I am doing, which will be announced shortly. We have a very strong dollar and a very weak Fed. I will work “brilliantly” with both, and the U.S. will do great...The tweets came after Powell, whom Trump picked for the role of Federal Reserve chairman, spoke at a highly anticipated conference in Wyoming, where he pledged to help maintain a growing economy while also saying that U.S.
Our Country has lost, stupidly, Trillions of Dollars with China over many years. They have stolen our Intellectual Property at a rate of Hundreds of Billions of Dollars a year, & they want to continue. I won’t let that happen! We don’t need China and, frankly, would be far....
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