Donald Trump released a handwritten message on Monday addressed to Federal Reserve Chairman Jerome Powell, calling on him to make significant interest rate cuts — a continuation of Trump’s criticism of the Fed’s current monetary policy.
Taking to Truth Social, Trump blasted Powell and the rest of the Federal Reserve’s leadership, writing, “They should be ashamed of themselves” for not bringing down interest rates.
“They have one of the easiest, yet most prestigious, jobs in America, and they have FAILED — And continue to do so,” Trump stated in his post.
Accompanying his remarks was a photo showing interest rates from central banks across various countries. Trump had marked up the image with a Sharpie, directing a pointed message at Powell.
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