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Trump urges Bescente to "convince" Powell to cut interest rates soon
Speaking at the Mesa Sands Investment Forum at the Kennedy Center on November 20, Trump said he would love to fire Federal Reserve Chairperson Jerome Powell, but Treasury Secretary Scott Bescent stood in his way. Trump urged Bescent to "convince" Powell to lower interest rates as soon as possible, and threatened to fire Bescent if the Fed didn't cut rates. "You have to convince him that the only thing Scott messed up is the Fed. Because Fed interest rates are too high, Scott. If you don't fix th...
2025-11-20 07:58:29
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