The Fed Is Learning What Being Donald Trump's Ex-Girlfriend Feels Like

He "totally" wants Jay Powell to be independent...he just wishes that he made better choices, y'know?
Author:
Publish date:
Updated on

Because he hasn't done enough this week, Donald Trump sat down with angry leprechaun in human disguise Joe Kernen, and broke with the respected tradition of the White House staying out of The Federal Reserve's beeswax.

PowellYellen

With a CNBC camera running, our incorrigible commander-in-chief said this about the recent rate hikes:

I put a very good man in the Fed. I don't necessarily agree with it because he's raising interest rates, I'm not saying I agree with it, and I don't necessarily agree with it, I must tell you I don’t. I'm not thrilled because we go up and every time you go up, they want to raise rates again. I don’t really - I'm not happy about it. But at the same time I'm letting them do what they feel is best.

Much in the way that people were displeased when he seemed to kowtow to the tyrant running Russia earlier in the week, people were again irked that Trump was attempting to influence the decision making at America's independent central bank. Trump is certainly allowed to say what he wants about The Fed, and he wouldn't be the first president to try something, and like everything else, the Fed is now a partisan topic. But someone at The White House must have agreed that this whole thing smelled wrong because they released a statement:

So, even Trump's staffers had to admit that he was getting a little Trumpy with his comments on the Fed. And because we live in a reality where logical human behavior reigns supreme, the president has remained demure on all Fed-related topics this morning...

Jay Powell is about to earn that Trump is like The Federal Reserve's controlling ex-boyfriend. He tells everyone that he wants The Fed to live her own life and be happy, but in private won't stop texting her passive aggressive criticisms of her haircuts, outfits and boyfriends on Instagram. Trump wants the Federal Reserve to be happy and he knows he needs to let go, but don't blame him if The Fed keeps attracting the wrong kind of guys with her short skirts and slutty makeup.

Related