The Brief

President Trump continued his verbal attacks against Fed Chair Jerome Powell Friday.

He wants the board of governors to strip Powell of his power because Powell refuses to lower interest rates despite Trump’s demands.

The Fed is an independent agency with the responsibility of stabilizing prices and maximizing employment.

President Donald Trump on Friday called for the Federal Reserve’s board of governors to strip Fed Chair Jerome Powell of his power.

On his Truth Social platform, Trump once again criticized Powell for not lowering interest rates at the board of governors meeting this week, calling him "stubborn." Trump has been verbally attacking Powell for months.

What they're saying:

Trump said if Powell doesn’t "substantially" lower rates, "THE BOARD SHOULD ASSUME C

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