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

Evan 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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