Trump budget chief ramps up criticism of Powell, vow investigation into Fed renovations

Well, look, the president's been very clear. He's concerned with the the tight policy that the chairman has had. Um, he thinks he's generally been too late.That's our our our view. And and you know, we saw Chairman Powell, he was too late to recognize inflation and now he's too late to to lower rates. And the Fed has just mismanaged uh the institution.And we see that the extent to which they've been operating at losses uh for a number of years now is for the first time in their history. And then you just se ...