Trump Pressures Powell on Rates Amid Fed Succession

Amid Federal Reserve Board succession and interest rate cuts talk, President Donald Trump is blasting “too late” Federal Reserve Chair Jerome Powell for tanking the struggling housing market.

“Could somebody please inform Jerome ‘Too Late’ Powell that he is hurting the housing industry, very badly?” Trump wrote in a Truth Social post Tuesday night.

“People can’t get a Mortgage because of him. There is no Inflation, and every sign is pointing to a major Rate Cut. ‘Too Late’ is a disaster!”

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