'Signs Of Broken Brains': Trump's Latest Sharpie Scrawl Has People Howling
Trump printed out a list of central bank rates from 44 nations around the world. Switzerland topped the list at 0.25%, while 10 nations ― including the United States ― shared the bottom spot, with 4.5%.
'Should be here,' Trump wrote, with an arrow near the top of the list.
He also had a personal message for the Fed chair in his trademark block letters.
'Jerome ― You are, as usual, 'too late.' You have cost the USA a fortune ― and continue to do so ― you should lower the rate ― by a lot!' Trump wrote. 'Hundreds of billions of dollars being lost! No inflation!'
White House Press Secretary Karoline Leavitt showed off the note during a Monday briefing.
In a Truth Social post with an image of the note, Trump added that Powell and the rest of the board 'should be ashamed of themselves' and called for a 1% interest rate.
Trump has threatened to fire Powell, which is not a power the president has. He is also reportedly considering naming Powell's replacement this summer, nearly a year ahead of time, effectively creating a 'shadow chair.'
But the president's critics couldn't get over the Sharpie-scrawled note:
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Los Angeles Times
22 minutes ago
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Bloomberg
23 minutes ago
- Bloomberg
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CC-Transcript 00:00You tend to announce your pick for successor to Jay Powell earlier than then, say, or as early as, say, the summer or the fall? Well, I do something about who it's going to be. Yes. I don't know. Hey, give me a break. I do. She'd be a good candidate. Anybody would be Jay Powell. You know, he's closing is unfortunate because he keeps the rate way up. I think it's Trump derangement syndrome personally. But, you know, we have a very strong country with we're the strongest country. Look, our country right now is at a level that we haven't seen for 40, 50 years. What we're doing now is nobody's seen anything like it. I told you I was with in the Middle East. The king of Saudi Arabia said to me very strongly, he said, You know what? A year ago you had a dead country. Now you have the hottest country in the world.
