Trump says he's confident in Mnuchin, but Fed is raising rates too fast

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President Donald Trump said Tuesday he remains confident in his treasury secretary, a day after markets tanked on fears about the Federal Reserve and a peculiar call between Treasury Secretary Steve Mnuchin and bank CEOs.

Source: Financial Digest (financialdigest.net)

 

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Yep.

Of course... everyone else is responsible for the chaos in the USA, except TRUMP

Kiss of death Steve. Resign now before you are fired.

Forget firing Mnuchin. All he has to do is end the trade war with China.

James Bond villan Mnuchin will bite the dust of stocks continue on a downward spiral

ResignandMAGA

Trump will claim he knows more about everything than anybody knows. He belongs in prison with his family.

Anyone have a box to lend Evil John Oliver to clean out his office.

Maybe Mnuchin should stay in Cabo.

This is the one to shitcanned.

Creo que realDonaldTrump tiene razon, el aumento de la tasa de interés frena el crecimiento económico y en una economía en expansión por retornos de capitales y nuevos impuestos a las importaciones, ese aumento crea un dislocamiento de la actividad económica y la desacelera

stevenmnuchin1 Stevie boy that was the kiss of death given to Fredo. Enjoy Cabo

Does he even have a clue that the Fed is hundreds of PHD economists. Powell is just the figure head. These people have more economic experience in their toe nails than this fraud has ever known. He just needs to STFU.

Ask yourself why

Isn't that just another scary statement from Trump. This from a man that has gone bankrupt how many times? Besides Trump urged the Fed guy in charge.

Yes ...BUT ....means NO. Not sure he is confident in stevenmnuchin1 ...by the way like any dysfunctional family DT needs scape goats to maintain equilibrium. Steve , your turn will come

OMG PLEASE SHUT UP.

Fed raised rates 4 times in one year! Just look at what the markets did beginning in Feb when Powell started the hikes, it's obvious!

Yup. Don’t worry. Heckle and Jeckle can handle it. With Mulvaney they’re Dewey, Cheatem & Howe.

Why oh why can’t he keep his fat mouth shut and let people do their jobs?!!

After the praise is the purge, bye Steve

Can anyone give me the quick version of why interest goes up when the economy is doing well?

He’s right. Raising the rates 1/4 point with a falling market was absurd

Fed raises interest rate when the economy shows signs of inflation. Tariffs cause inflation. Higher interest rates slow economic growth. =Trump Tariffs cause recession. Trump Tariffs are bad for the economy.

Deep State Media Propaganda.

It’s really Means He Don’t Have Confidence In Mnuchin 😱🤔🤭

Escape from Beijing (in fact, was driven out) The cost of a small county is more expensive than that of Beijing. The physical quality of the clothes is not high. Inefficient work, Travel accommodation costs are still high (because of monopoly)

tRump doesn’t know a damn thing....except adultery, ignorance , insolence, division, immorality, insults, and all things un-American.....when are we claiming our country back?

He's freaking out over the Fed raising rates because it's costing him millions more on his loans and mortgages.

Another piece of work ruining America

Liberals: It's neither sane nor a win for your people to WRECK THE ENTIRE ECONOMY BECAUSE YOU CANNOT ACCEPT THE RESULTS OF THE 2016 ELECTION. SO WHAT DID WE LEARN? YOU ARE BATSCHIT CRAZY.

The BEST PEOPLE.

Are we back peddling again. Very Presidential of you.

Today is Christmas and no one cares about fake news. CNNisGrinch

Wait, you appointed an unqualified lawyer instead of an economist to run the Fed and you don’t like the results...nobody could have seen that coming.

Euh, that’s not what he said a few days ago.

The Fed is raising rates due to Trump’s economic decisions, so he only has himself to blame.

Doesn’t matter, these idiots have already sunk the economy.

Audit the Fed

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