Trump doubles down on criticism of Federal Reserve Chairman Powell: says "Honestly, I would love to fire him"

Former U.S. President Donald Trump doubled down on criticizing Federal Reserve Chairman Jerome Powell for not lowering interest rates faster, stating, "Honestly, I would like to fire him." Trump made the remarks at an investment forum in Washington supported by Saudi Arabia, urging his Treasury Secretary Steven Mnuchin to expedite the search for Powell's successor. "You need to work on him, Scott. The only thing Scott messed up is the Federal Reserve," Trump said, referring to Mnuchin, who was attending an event at the Kennedy Center in Washington at the time. "Interest rates are too high, Scott, if you don't solve this problem quickly, I will fire you." Mnuchin, who is leading the search for a new Federal Reserve chair, recently stated that Trump will meet with three final candidates after Thanksgiving, with a new candidate potentially announced before Christmas.

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