Trump continues attacks on Federal Reserve chair as he demands lower interest rates – live updates | Trump administration


Trump continues attacks on Federal Reserve chair

Donald Trump has continued his attacks on Federal Reserve chair Jerome Powell today, calling him a “stupid guy” and a “knucklehead”.

He told reporters at the White House earlier:

We have a bad Fed chairman, really bad … I tried being nice to the guy. It doesn’t help. He’s like a knucklehead. No, he’s a knucklehead. Stupid guy. He really is.

He earlier called once again for interest rates to be lowered to 1% or less. “We should be at 1%. We should be less than 1%,” he said.

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Bongino still in limbo following major bust-up with Bondi over Epstein files – CNN

As of this morning, nobody in leadership at the justice department had spoken to fuming deputy FBI director Dan Bongino since Wednesday, when he implied that he could no longer continue in his position as long as Pam Bondi remained in post, sources familiar with the matter have told CNN.

As we reported earlier, Bongino didn’t show up for work on Friday and, per CNN, “largely excommunicated himself from colleagues” following his major falling out with the attorney general over her handling of the Epstein files.

CNN’s report goes on: “The [resignation] threat infuriated Trump, who spent the weekend fuming over both Bongino and FBI director Kash Patel, sources told CNN. Most of his fury was directed at Bongino, causing aides to expect that the deputy director would depart his job in the coming days. But vice-president JD Vance spent the weekend attempting to mediate, at times fielding calls from Patel, Bongino and Bondi, sources said.

“It remains to be seen if Bongino ultimately resigns, which he told others he was considering. But sources say his relationship with the White House has become basically untenable. Even if he does not quit now, some inside the administration believe he will not stay in the job long-term.”

What CNN is hearing appears in line with Maga influencer and far-right activist Laura Loomer’s earlier prediction for Politico: “I don’t see how there can be a situation where Bongino can coexist with Blondi [Loomer’s derisive moniker for Bondi] as attorney general, and so I wouldn’t be surprised if we see a resignation from Bongino. Perhaps I’m wrong, but it would not shock me if Bongino resigns in the next week.”

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