Trump urged Mnuchin to pressure Fed's Powell on economic stimulus in explosive tirade

[Yo_Mama_Been_Loggin]

about coronavirus

President Trump, in an explosive tirade Monday, urged Treasury Secretary Steven Mnuchin to encourage Federal Reserve Chair Jerome H. Powell to do more to stimulate the economy, two officials familiar with the exchange said, revealing the president’s mounting fury as his administration struggles to corral economic fallout from the novel coronavirus.

Trump has frequently complained about the Fed in public for at least two years, but his latest effort to pressure Mnuchin to privately push for action has not been previously reported.

During that tense Monday meeting in the Oval Office, Trump fumed that Powell never should have been appointed and is damaging the nation and his presidency.

He then told Mnuchin, who had encouraged Trump to nominate Powell in 2017, to engage with the chair and ask him to take more-dramatic steps to arrest the stock market’s plummet, according to three White House officials and a senior Republican. The people spoke on the condition of anonymity because they weren’t authorized to reveal the exchange.

https://www.msn.com/en-us/news/politics/trump-urged-mnuchin-to-pressure-feds-powell-on-economic-stimulus-in-explosive-tirade-about-coronavirus/ar-BB1147ft?li=BBnbcA1

Holy fucking shit!

[MFM008]

1. Who here

Didn't think the stock market was his only concern?

[The Velveteen Ocelot]

2. What else could the Fed do? Interest rates are close to 0 as it is.

[Bernardo de La Paz]

3. Meetings on covid response are Classified because he doesn't want anonymous sources telling truth.

[crickets]

4. Someone could explain to him, using very small words,

that HE IS THE PROBLEM. If he would just deal with the situation in a responsible manner that might go a long way to steadying things. The numbers would still drop given the situation, but not as dramatically as when an idiot with no credibility stands around screaming LALALALA CAN'T HEAR YOOOOO!

Jeez.