President Trump called Federal Reserve chairman Jerome Powell a “major loser” on social media and pressed him to lower interest rates, raising concerns about the central bank’s independence. NBC’s Christine Romans reports. April 21, 2025.
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Stock market falls as Trump escalates attacks on Fed chair

President Trump called Federal Reserve chairman Jerome Powell a “major loser” on social media and pressed him to lower interest rates, raising concerns about the central bank’s independence. NBC’s Christine Romans reports.