Trump: Fed Board should 'assume control' if rates are not cut
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(Updated - August 1, 2025 6:37 AM EDT)
U.S. President Donald Trump on Truth Social on Friday:
Jerome “Too Late” Powell, a stubborn MORON, must substantially lower interest rates, NOW. IF HE CONTINUES TO REFUSE, THE BOARD SHOULD ASSUME CONTROL, AND DO WHAT EVERYONE KNOWS HAS TO BE DONE!
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