Trump Calls Fed Chair Jerome Powell “Incompetent,” Blames Fed Policies for Weak Real Estate Market

COINOTAG News reports that on September 15th President Trump publicly criticized Federal Reserve Chair Jerome Powell, calling him “incompetent” and arguing that current monetary policy is weighing on the real estate market. He reiterated that he has “three people” he would prefer for the post, framing the critique in terms of policy impact rather than personnel alone.

Trump also noted that while energy and grocery costs have eased recently, the housing sector continues to lag, which he attributed to the Fed’s stance on interest rates. The remarks underline political scrutiny of central-bank decisions and their transmission to asset markets and consumer prices.