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Trump: Powell Stepping Down Could Boost Home Sales

‘I tell you I don’t need 5000 people working for me behind the scenes like Jerome Powell to tell him what he should say once a month’
By Grabien Staff

EXCERPT:

TRUMP: "Well, I think if Jerome Powell stepped down, it would be a great thing, I don’t know that he’s going to, but he should. Jerome Powell has been very bad for our country. We should have the lowest interest rate on earth and we don't. He just refuses to do it. And yet he's spending $2.5 billion rebuilding the Fed, the Federal Reserve building. And I don’t know what he knows about building, but if you talk about cost overrun, he got this approved and he started the work during the Biden administration, and he doesn’t look like the guy, frankly, that wants to spend $2.5 billion. And it’s very interesting, because out of 71 economists, one person, me, and then one other person, I think from Wharton, got it right and the others were all wrong in terms of the success of our country this quickly. We have no inflation, we have cash pouring in. It was me and somebody else. And I can tell you, I don’t need 5000 people working for me behind the scenes, like Jerome Powell, to tell him what he should say once a month, because they got it wrong. The Fed got it wrong. I call him 'Too Late.' He's always too late. Every point cost us $360 billion, think of that. And we should be three points, that’s almost $1 trillion, approximately $1 trillion less we should be, just with the signing of a piece of paper. So we'll see what happens. I mean, you’re telling me he’s going to quit. I hope he quits. I don't know if he's going to quit, but he should quit because he’s been very bad for the country."

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