President Trump “slammed Federal Reserve Chairman Jerome Powell again this week, insisting that Powell’s actions have prevented the economy from soaring even higher and declaring he’s out of patience with the man he picked to lead the nation’s central bank,” ABC News reports.
Trump also said he was “allowed” to criticize Powell and claimed it was commonplace in the “old days” for a president to “settle” with the bank’s chairman.
Said Trump: “You know, in the old days, they used to speak to the head of the Federal Reserve often. And it was … very much a part of the administration from the standpoint as they’d talk and they’d really settle. You have no idea how important it is.”
