Trump Again Calls Out Fed Chair Powell: ‘Stupid Person, Low IQ’

President Donald Trump continued a string of attacks on Federal Reserve Chairman Jerome Powell today while meeting with reporters at the NATO summit in the Netherlands, calling Powell “a very stupid person.”

Trump has regularly referenced Powell in less than flattering terms. In April, Trump posted a proposed nickname for Powell: “Mr. Too Late, a major loser.”

The president’s issue with Powell is his handling of the Fed’s key interest rate, which affects borrowing nationwide. Powell told the House Committee on Financial Services on Tuesday that the Fed is “well positioned to wait to learn more about the likely course of the economy before considering any adjustments to our policy stance.”

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