Trump Reacts to Powell’s Policy Decision.
It’s gonna be a wild two years…
In a statement on his Truth Social account, Trump wrote:
"Because Jay Powell and the Fed failed to stop the problem they created with Inflation, I will do it by unleashing American Energy production, slashing Regulation, rebalancing International Trade, and reigniting American Manufacturing...
...but I will do much more than stopping Inflation, I will make our Country financially, and otherwise, powerful again!
The Fed has done a terrible job on Bank Regulation.
Treasury is going to lead the effort to cut unnecessary Regulation, and will unleash lending for all American people and businesses.
If the Fed had spent less time on DEI, gender ideology, "green" energy, and fake climate change. Inflation would never have been a problem.
Instead, we suffered from the worst Inflation in the History of our Country!"
It must be one of the lowest ROI's, given they have 400 Ph.D's… You could fire 75% of them, and no-one would notice any difference. He's just stating the obvious.
Hahaha