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You are here News Politics Trump calls Fed Chairman Jay Powell 'enemy,' compares him to Chinese President Xi

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

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jay Powell called 'enemy' by TrumpPresident Donald Trump significantly ramped up his criticism of Fed Board Chairman Jay Powell on Friday, describing his longtime target on economic issues as an "enemy" and likening him to Chinese President Xi Jinping.

"My only question is, who is our bigger enemy, Jay Powel or Chairman Xi?," Trump wrote, misspelling Powell's name.

Trump has repeatedly blasted the Fed, even before his election. But his long-standing dissatisfaction with the Fed, which he accuses of bungling the U.S. economy, has increased amid concerns over a global economic slowdown. Trump nominated Powell as chairman in 2017.

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