Fact Check: Trump Calls Powell 'Very Dumb, Hardheaded Person' Amid Tariff Discussions
What We Know
Recently, President Donald Trump publicly criticized Federal Reserve Chair Jerome Powell, calling him a "very dumb, hardheaded person" in a post on Truth Social. This statement was made as Trump expressed his frustration over Powell's refusal to lower interest rates, which he believes are unnecessarily high and detrimental to the U.S. economy. Trump stated, "I hope Congress really works this very dumb, hardheaded person, over. We will be paying for his incompetence for many years to come" (Newsweek). This outburst came just before Powell's testimony before Congress, where he was expected to address the economic implications of Trump's tariffs and the current interest rate policy (New York Post).
In his social media post, Trump argued that the U.S. should have lower interest rates similar to Europe, claiming that doing so could save the country $800 billion annually (Newsweek). He has consistently criticized Powell for maintaining the current rates, which he believes are stifling economic growth (KOMO).
Analysis
The claim that Trump called Powell "very dumb, hardheaded person" is substantiated by multiple sources. Trump's statement was made in a public forum, which adds to its credibility as it is directly attributable to him. The context of the statement is important; it reflects Trump's ongoing frustration with the Federal Reserve's monetary policy, particularly in light of his administration's economic agenda that emphasizes lower interest rates to stimulate growth (Newsweek, New York Post).
The reliability of the sources reporting this incident is generally high. Newsweek, for example, is a well-established publication that covers a wide range of topics, including politics and economics, and employs experienced journalists (Newsweek). Similarly, the New York Post is a major news outlet that has reported extensively on U.S. political matters (New York Post). Both outlets provide corroborating evidence of Trump's remarks, which enhances the overall credibility of the claim.
However, it is essential to consider potential biases. Newsweek and the New York Post, while reputable, may have editorial slants that could influence how they present political figures and their statements. Nonetheless, the direct quotes from Trump provide a clear basis for the claim, making it less susceptible to misinterpretation.
Conclusion
The claim that Trump referred to Powell as a "very dumb, hardheaded person" is True. The evidence from multiple credible sources confirms that Trump made this statement in the context of criticizing Powell's handling of interest rates and the economic impact of tariffs. Given the direct nature of the quote and the context surrounding it, the assertion stands verified.
Sources
- Qui est Massad Boulos, ce libanais conseiller de TRUMP
- Donald Trump Unleashes Tirade On Jerome Powell: 'Very Dumb, Hardheaded ...
- Pourquoi ce chapeau de Melania Trump - JForum
- Powell says Fed in no rush to cut rates as Trump rips central bank chief
- USA: US-Psychiater und Psychologen warnen vor Trump
- Powell faces lawmakers as Trump ramps up pressure on the Fed to ... - KOMO
- Donald Trump est-il sur le point de tuer le marchΓ© des voitures ...
- Donald Trump hits Jerome Powell 'for his incompetence' ahead of ...