‘If he’s so good, why is this happening’: Trump reportedly blames Treasury Secretary Steven Mnuchin for recommending Jerome Powell as Fed chair

Steve MnuchinEvan Vucci/AP

  • Treasury Secretary Steven Mnuchin has reportedly drawn President Donald Trump’s ire after a series of economic decisions and recommendations, according to The Wall Street Journal.
  • Trump is said to have blamed Mnuchin, who backed the appointment of Federal Reserve Chairman Jerome Powell.
  • Powell has raised interest rates three times in 2018, and more hikes are expected in 2019. Trump has been openly critical of the Fed’s moves.
  • After The Journal published its report on Friday afternoon, Trump appeared to dispel the notion that he was irritated with Mnuchin.

Treasury Secretary Steven Mnuchin has reportedly drawn President Donald Trump’s ire after a series of economic decisions and recommendations, according to a Wall Street Journal report on Friday.

Trump is said to have blamed Mnuchin, who backed the appointment of Federal Reserve Chairman Jerome Powell.

See the rest of the story at Business Insider

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Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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