Trump BLASTS Fed Chair Jerome Powell | ‘He will be out soon’ | Clash over Interest rates escalates - video Dailymotion

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Donald Trump launched a scathing attack on Federal Reserve Chair Jerome Powell, calling him “Too Late” and blaming him for crippling interest rates. In a fiery speech, Trump accused Powell of political bias, economic mismanagement, and wasting billions on federal buildings. Trump claimed high rates are hurting homebuyers and vowed Powell would be “out soon.” He also demanded an internal Fed investigation and slammed Powell’s $2.7 billion building plan, calling it “mission creep.” The clash signals rising tensions over U.S. monetary policy.    #TrumpVsPowell #FederalReserve #InterestRates #JeromePowell #USEconomy #TrumpSpeech #TooLatePowell #MonetaryPolicy #FedUnderFire #TrumpNews #EconomicPolicy #USHousingCrisis #Inflation #RateHike #Trump2025 #PoliticalClash #FinancialNews #PowellOut #BidenEconomy #TrumpCriticism #BreakingNews #WhiteHouseVsFed #TrumpCampaign #USMarkets #CentralBank #FedChair  Also Read  Donald Trump Reiterates India-Pakistan Conflict: Says 5 Jets Were Shot Down During Operation Sindoor :: https://www.oneindia.com/international/donald-trump-reiterates-india-pakistan-conflicts-says-5-jets-were-shot-down-7805649.html?ref=DMDesc  US President Donald Trump Sues Wall Street Journal For $10 Billion In 2003 Epstein Report :: https://www.oneindia.com/international/us-president-donald-trump-sues-wall-street-journal-for-10-billion-in-2003-epstein-report-7805627.html?ref=DMDesc  Is Donald Trump Visiting Pakistan In September? Pak's Geo News Apologises Over Fake Report :: https://www.oneindia.com/international/is-donald-trump-visiting-pakistan-in-september-paks-geo-news-apologises-over-fake-report-7804621.html?ref=DMDesc    ~ED.420~HT.408~

Transcript

00:00I think he's done a bad job, but he's going to be out pretty soon anyway.

00:04In eight months he'll be out.

00:07But he's, I call him too late. He's too late all the time.

00:10He should have lowered interest rates many times.

00:12Europe lowered their rate ten times. We lowered ours none.

00:16And it's causing a problem for people that want to buy a home.

00:18Look, our economy is so strong now we're blowing through everything.

00:22We're setting records. You know that. You see that.

00:24And whether it's the Philippines or anyone else,

00:27we're setting records at levels that nobody's ever seen before.

00:30But you know what? People aren't able to buy a house

00:33because this guy is a numbskull.

00:36He keeps the rates too high and probably doing it for political reasons.

00:40The only time I remember him cutting rates,

00:42I mean he cut the rates just before the election to try and help Kamala

00:46or whoever he was trying to help. He probably didn't know.

00:49And he's building a building. He's $2.7 billion.

00:53They have a $900 million overrun.

00:56What is it? And that was given by Biden.

00:59That was another Biden deal.

01:01And this guy is building this building that's severely overrun.

01:05And what does he need the building for?

01:07Why does he need space for more people?

01:09So they did a big study the other day

01:11and they called all of the great intellects

01:14and the great economists and all of the great everything.

01:17And it was 71 and only two got it right.

01:21Me and another gentleman that happens to be very smart.

01:2669 people got it wrong and the Fed got it wrong, more wrong than anybody.

01:30And, you know, he has these think tanks and they build buildings for people that think.

01:36And it's really not thinking.

01:37It's a little bit of combination of thinking,

01:39but it's something you sort of have or you don't have.

01:43They don't.

01:44The job he's done is just terrible.

01:47He ought to raise interest rates.

01:48You know, we should be at 1%.

01:52We should be leading the world.

01:54Instead, we're paying 4%.

01:56And if you look at what that means,

01:59that's over a trillion dollars in interest that we have to pay.

02:02That with the striking of a pen,

02:05we would be saving more than $1 trillion.

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02:18We'll see you next time.

Trump BLASTS Fed Chair Jerome Powell | ‘He will be out soon’ | Clash over Interest rates escalates

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