Trump says he’ll replace Fed Chairman Powell and accuses him of aiding Democrats

Published



Former President Donald Trump slammed Jerome Powell, arguing that the Federal Reserve chairman is planning to lower interest rates to aid Democrats in the coming election.

“I think he’s political,” Trump said, according to excerpts from an appearance on Fox Business that will air this Sunday. “I think he’s going to do something to probably help the Democrats, I think, if he lowers interest rates.”

Full midterm coverage.Deeper analysis.

Get unlimited access to Washington Examiner's reporting, expert analysis, and coverage of the midterm elections.

Get Unlimited Access

Cancel anytime.