Fake news, no doubt

President Trump, in an explosive tirade Monday, urged Treasury Secretary Steven Mnuchin to encourage Federal Reserve Chair Jerome H. Powell to do more to stimulate the economy, three officials familiar with the exchange said, revealing the president’s mounting fury as his administration struggles to corral economic fallout from the novel coronavirus.

  WaPo

Not a meltdown. Everything is running smoothly.

During that tense Monday meeting in the Oval Office, Trump fumed that Powell never should have been appointed and is damaging the nation and his presidency.

He's been squawking about that for three years now. And, btw, who appointed Powell anyway?

He then told Mnuchin, who had encouraged Trump to nominate Powell in 2017, to engage with the chair and ask him to take more dramatic steps to arrest the stock market’s plummet, according to three White House officials and a senior Republican. The people spoke on the condition of anonymity because they weren’t authorized to reveal the exchange.

He will NEVER get rid of all the leakers.

Trump initially tried to brush aside concerns about the coronavirus’s impact on the economy, saying it would be short-lived, but the Oval Office meeting struck some of his advisers because it showed how furious he had become.

Jesus, WaPo, he's already suing you for an opinion article, are you trying to make it worse?

The stock market has fallen precipitously since mid-February because global supply chains are seizing up, consumers are pulling back sharply on spending, and companies are retrenching as they wait to see what the effects of the coronavirus will be. Interest rates are already very low after an emergency cut by the Fed last week, and they are typically lowered to spur more borrowing and spending. Right now, however, many businesses and consumers aren’t spending money because they don’t know what the future will look like.

They're saving their money for their medical bills.

Senior aides, worried that the stock market would crater if Trump tried to fire Powell, have discouraged him from attempting this for two years. It’s unclear whether Trump has the legal authority to fire Powell, who has said he plans to serve out his four-year term as chair, which ends in early 2022.

He has the absolute right to fire Powell. Just ask him.

...but hey, do what you want...you will anyway.