(PJ Media)—The housing market continues to exclude more and more Americans, and President Donald Trump says the woke head of the Federal Reserve is exacerbating the crisis.
Amid still-rising inflation and Jerome Powell’s stubborn refusal to cut interest rates as Trump wants, the economy continues to miss the mark. And fewer than a third of U.S. homes are now within the typical household’s buying range.
On Wednesday, Trump posted on Truth Social, “Could somebody please inform Jerome ‘Too Late’ Powell that he is hurting the Housing Industry, very badly? People can’t get a Mortgage because of him. There is no Inflation, and every sign is pointing to a major Rate Cut. ‘Too Late’ is a disaster!”
Trump also took aim at Federal Reserve Governor Lisa Cook, posting, “Cook must resign, now!!!”
Trump has been at loggerheads with Powell and other Federal Reserve officials over Powell’s awful policies and the boondoggle of a building renovation project into which the Fed has poured $2.5 billion. Powell, on his side, has been blocking Trump as much as possible and trying to extend the Biden economic crisis.
- Read More: pjmedia.com
