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Tags: donald trump | jerome powell | federal reserve | housing industry

Trump Claims Powell 'Hurting' the Housing Industry

Tuesday, 19 August 2025 07:10 PM EDT

President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell is "hurting" the housing industry "very badly" and said he should cut interest rates.

Trump has repeatedly urged Powell to cut interest rates while also sharply criticizing Powell.

"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," Trump wrote on Truth Social.

© 2025 Thomson/Reuters. All rights reserved.


Politics
President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell is "hurting" the housing industry "very badly" and said he should cut interest rates.
donald trump, jerome powell, federal reserve, housing industry
84
2025-10-19
Tuesday, 19 August 2025 07:10 PM
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