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President Trump reportedly said Fed Chairman Powell has ‘no feel’ for the economy.
President Donald Trump reportedly unleashed his latest criticism on Jerome Powell in a meeting with House Republicans on Tuesday, saying the Federal Reserve chairman has “no feel” for the economy.
That’s according to Politico, which cited several people present at the meeting. About two dozen members of the House GOP attended the session, which was about trade and the U.S.-Mexico-Canada Agreement. Trump also reportedly called Powell a bad putter. The golf metaphor harkens back to a December tweet from Trump, in which he said the central bank was “like a powerful golfer who can’t score because he has no touch.” In an interview last week with Fox Business, Trump said if it weren’t for Powell and his Fed colleagues, the U.S. economy would have expanded above a 4% annual rate last year.
Biden’s regrets: Former Vice President Joe Biden expressed fresh regret Tuesday for his handling of Clarence Thomas’ Supreme Court confirmation hearings, saying Anita Hill “was abused” as she tried to share her account of sexual assault before a panel of all-male lawmakers, NBC reports. Biden, who has told backers he plans a 2020 presidential run, also slammed “white man’s culture” as he said Hill didn’t get “the hearing she deserved,” the Washington Post reports.
Ocasio-Cortez says climate plan not ‘elitist’: In a video clip with more than 125,000 “likes,” Rep. Alexandria Ocasio-Cortez slammed the assertion that addressing climate change was an “elitist issue.” The Green New Deal, a climate plan co-sponsored by the New York lawmaker, failed to advance in the Senate on Tuesday after Democrats called the vote a “sham.” After telling fellow lawmakers she just got health insurance for the first time a month ago, she called climate change a “quality of life issue” and said that a desire for clean air and water wasn’t elitist.
Watch every second of this... @AOC is so incredibly spot on. pic.twitter.com/ESP4dC5TTo
— Brian Tyler Cohen (@briantylercohen) March 27, 2019
Think twice on infrastructure bill, says ex-Trump aide: D.J. Gribbin, Trump’s former adviser on infrastructure, writes in an op-ed for Politico that caution is needed when writing a bill aimed at building and maintaining roads and bridges. “When weighing federal expenditures on infrastructure, policymakers need to keep in mind that allocating more federal funds to infrastructure might backfire,” he writes. “We should think twice before reflexively relying on federal dollars to fund a project that can be better delivered with state and local funding,” says Gribbin.
