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Trump on Powell: 'I'd Love to Fire His Ass'
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Why This Matters
President Trump criticized Federal Reserve Chair Jerome Powell, calling him 'grossly incompetent' and joking that he'd 'love to fire his ass', also targeting Treasury Secretary Scott Bessent for not lowering interest rates.
Market Impact
Market impact analysis based on bearish sentiment with 73% confidence.
Sentiment
Bearish
AI Confidence
73%
Article Context
Note: This is a brief excerpt for context. Click below to read the full article on the original source.
President Donald Trump says Federal Reserve Chair Jerome Powell is "grossly incompetent" and that he'd "love to fire his ass." Trump says Powell deserves to be sued for his handling of a costly renovation of the central bank’s campus. Trump also joked that Treasury Secretary Scott Bessent should be fired if he can't get interest rates lower. “The only thing Scott’s blowing it on is the Fed,” Trump said Wednesday at a US-Saudi investment event in Washington. “Rates are too high, Scott, and if you don’t get it fixed fast, I’m going to fire your ass. Okay?” (Source: Bloomberg)
Original article published by
Bloomberg
on November 19, 2025.
Analysis and insights provided by AnalystMarkets AI.
Analysis and insights provided by AnalystMarkets AI.