Trump Calls Jay Powell An ‘Enemy’ | Talking Points Memo

President Trump escalated his attacks on Federal Reserve Chair Jerome Powell, whom Trump appointed, in a tweet that labeled Powell as an “enemy” in his ongoing trade war.


This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=1244378

Very stable, very normal. Extremely big brain (and large).

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Trump

“I will work “brilliantly” with both, and the U.S. will do great…”

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“enemy”?

I thought tRump said he needed an enema, but it’s early in the day.

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The chairman of the Federal Reserve board is an “enemy” says the President of the United States? An enemy of whom, pray tell? Perhaps, I don’t know, an enemy of the people?

This is entirely normal. The President says things, such as “the moon is part of mars,” or “the Fed chair is an enemy,” or “I am god,” and reporters report what he says. “Critics” often object, so the reporters tell us. All entirely normal. Get back to your shopping now, please.

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Hard to know what to say anymore.

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Reminder: Trump appointed Powell.

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The follow-up is… weirder, somehow.

@ realDonaldTrump
…better off without them. The vast amounts of money made and stolen by China from the United States, year after year, for decades, will and must STOP. Our great American companies are hereby ordered to immediately start looking for an alternative to China, including bringing…

“ordered”?

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The only still functioning agency in DC,
data driven and focused on its statutory mandate. It is now the enemy. Powell’s
speech didn’t offer up any candy, one can’t take issue with the facts and their policy implications as presented. Real rates are at zero already.
Maybe competent fiscal policy rather than trade wars and general political posturing might be worth trying? Too bad you blew the budget on candy.

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Also, and someone is off his meds again. BTW he just sent the stock market into a tail spin. He is so stupid and will himself wreck the economy he inherited.

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Powell is going to have to decide if he’s going to be Draft Dodger DonnieBoy’s flunky, or do what he knows to be the right thing for the nation.

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image

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. Our great American companies are hereby ordered to immediately start looking for an alternative to China
sounds like the free market at work here…
Guess he really does think he is king…
The G-7 really will be something,look out world here we come!!!

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Powell needs decide no such thing. He can’t be removed. Toadglans on the other hand ….

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Mein Fuhrer!

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Dude can’t even “hereby order” Lust Object to play grabass in the Oval Office. I never imagined that a would-be dictator (in the purest sense of the word) could be so pathetic.

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Powell has already agreed to do Trump’s bidding, against the better judgment of many Fed bankers… and still Trump keeps calling him names… wouldn’t have been better to stay put and show some spine?

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It’s known as lazy-faire economics.

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Matt Stoller (twitter verified) said something similar.