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'If he's so good, why is this happening': Trump reportedly blames Treasury Secretary Steven Mnuchin for recommending Jerome Powell as Fed chair

'If he's so good, why is this happening': Trump reportedly blames Treasury Secretary Steven Mnuchin for recommending Jerome Powell as Fed chair
Evan Vucci/AP



Treasury Secretary Steven Mnuchin has reportedly drawn President Donald Trump's ire after a series of economic decisions and recommendations, according to The Wall Street Journal.




Trump has reportedly blamed Mnuchin for the appointment of Federal Reserve Chairman Jerome Powell, who has raised interest rates three times in 2018.




Trump appointed Powell to replace then-Chairwoman Janet Yellen, but he reportedly did so based on Mnuchin's recommendation.




After The Journal published its report on Friday afternoon, Trump appeared to dispel the notion that he was irritated with Mnuchin.



Treasury Secretary Steven Mnuchin has reportedly drawn President Donald Trump's ire after a series of economic decisions and recommendations, according to a Wall Street Journal report on Friday.
Trump has reportedly blamed Mnuchin for the appointment of Federal Reserve Chairman Jerome Powell, who has raised interest rates three times in 2018. Trump has railed against rate hikes, which he described as a "mistake" and his "biggest threat."
"I think the Fed is making a mistake," Trump said to reporters in October. "They are so tight. I think the Fed has gone crazy."
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