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November 28, 2018

Trump "Not Even a Little Bit Happy" with Fed Chair Jerome Powell
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The Trump administration said Tuesday it may end subsidies to General
Motors-including for electric cars-after GM said Monday it will close
factories and cut up to 15,000 jobs across North America. The
announcement came as President Donald Trump blasted Federal Reserve
chair Jerome "Jay" Powell on Tuesday, telling the Washington Post he
blamed the Fed for GM's job cuts, as well as a recent fall in stock
market prices. Trump told the Post, "I'm doing deals and I'm not being
accommodated by the Fed. They're making a mistake, because I have a gut,
and my gut tells me more sometimes than anybody else's brain can ever
tell me. So far, I'm not even a little bit happy with my selection of
Jay. Not even a little bit."


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