US President Issues Strong Statement
US President Donald Trump has addressed the desire of Federal Reserve Chairman Jerome Powell to continue in his position on his social media platform. The Republican figure has subjected the chief regulator’s activities to harsh criticism, employing sarcastic phrasing.
In his post, Trump labeled Powell as "Jerome 'Too Late' Powell," alluding to the inefficiency of the economic policies and decision-making timelines enacted by the latter. According to the former president, Powell's desire to retain his position is solely due to a lack of demand for him in other sectors.
The White House leader has expressed the opinion that Powell can no longer find work in the private sector, which compels him to remain clinging to his current post. It should be noted that this is yet another instance of the remote confrontation between Trump and Powell.