Donald Trump: ‘Who Is Our Bigger Enemy, Jay Powell or Chairman Xi?’

President Donald Trump continued his criticism of the Federal Reserve on Friday after Chairman Jerome Powell spoke about monetary policy in Jackson Hole, Wyoming. “My only question is, who is our bigger enemy, Jay Powell or Chairman Xi?” Trump wrote on Twitter, referring to the leader of China, Xi Jinping. The president criticized the Federal Reserve for doing “nothing” to react to China’s latest round of retaliatory tariffs announced on Friday.-- More...