“Jerome Too Late Powell must NOW lower the rate. Steve Manouychin really gave me a beautywhen he pushed this loser. The damage he has done by always being Too Late is incalculable. Fortunately, the economy is sooo good that weve blown through Powell and the complacent Board. I am, though, considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings. Three Billion Dollars for a job that should have been a $50 Million Dollar fix up. Not good!” @realDonaldTrump
Fact-Check Summary The post asserts that Jerome Powell, as Federal Reserve Chair, has mismanaged interest rate decisions and wasted billions renovating Fed buildings, and it threatens legal action. The nickname and style match Donald Trump’s documented complaints. While criticism of Powell’s “timing” is subjective, Powell has indeed faced intense public demands from Trump for faster […]