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Wall Street Journal defends Powell from Trump attacks

7 0
18.04.2025

The Wall Street Journal editorial board has Jerome Powell's back following President Trump's blistering social media criticism of the Federal Reserve chairman this week after he offered negative economic predictions over Trump's tariffs.

"The problem for Mr. Trump is that Mr. Powell spoke the truth," the conservative-leaning board wrote in an editorial published Friday. "The main lesson from Trump vs. Powell is that the central bank can’t make up for the economic policy errors of politicians."

Trump bashed Powell, who he appointed to the position during his first term in 2018, in a Truth Social post early Thursday morning, writing "Powell's termination cannot........

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