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Trump calls Fed Chairman Jay Powell 'enemy,' compares him to Chinese President Xi

USATODAY.com Friday, 23 August 2019
President Donald Trump ramped up his criticism of Fed Board Chairman Jay Powell , describing his longtime target on economic issues as an "enemy."
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News video: Chairman Jerome Powell Says Fed Prepared to Act, But Has No 'Rulebook' For Current Risks

Chairman Jerome Powell Says Fed Prepared to Act, But Has No 'Rulebook' For Current Risks 02:07

Federal Reserve chairman Jerome Powell on Friday said the U.S. central bank was prepared to take action in the event of a global economic downturn. Powell, however, was tightlipped on whether the Fed would initiate another quarter-point interest rate cut as many investors had hoped.

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