President Trump said Wednesday that Fed Chair Jerome Powell has “mental problems” and he would love to “fire his ass,” but Treasury Secretary Scott Bessent is holding him back.

Audience members laughed as Trump urged Bessent to “work on this guy” during the US-Saudi Investment Forum at the Kennedy Center in Washington, DC — even threatening the Treasury secretary’s job.

“[Powell’s] got some real mental problems. There’s something wrong with him. I’ll be honest, I’d love to fire his ass,” Trump fumed. “He should be fired. Guy is grossly incompetent.”

He then turned to Bessent with a smile, saying, “You’ve got to work on him, Scott.”

“The only thing Scott is blowing it on is the Fed because the Fed — the rates are too high, Scott. And if you don’t get it fixed fast, I’m going to fire you

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