"Fed megaphone": Trump's visit to the Fed becomes a political show
2025-07-24 21:29:10
Nick Timiraos, the Fed's mouthpiece, wrote that Mr. Trump's rare visit to the Fed building on Thursday afternoon amounted to a political show designed to increase pressure on the central bank as part of an unconventional campaign to tarnish the public image of Fed chairperson Jerome Powell and push for interest rate cuts. For a president who has built his brand on real estate projects and reality TV, the visit provided a TV-appropriate moment to cast Powell - Trump's self-picked chairperson of the Fed eight years ago - as an inept bureaucrat overseeing a $2.50 billion, cost-overrun renovation. Stifel strategist Brian Gardner said the focus on renovating the Fed building could also divert attention from the Epstein case.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Next article：
佳士得国际地产成立加密部门以支持加密货币房产交易
