"Fed's Mouthpiece": Trump's Visit to the Fed is Equivalent to a Political Show

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["The Fed's "mouthpiece": Trump's visit to the Fed is equivalent to a political show"] Nick Timiraos, the "mouthpiece" of the Fed, published an article stating that Trump visited the renovation site of the Fed building on Thursday afternoon, which is equivalent to a political performance aimed at increasing pressure on the Fed. This is part of an unconventional campaign to tarnish the public image of Fed Chair Powell and push for interest rate cuts. Trump's rare visit to the Fed represents his performance skills in governance. For a president who has built his brand on real estate projects and reality shows, this visit provides a television opportunity to portray Powell—whom Trump himself selected as Fed Chair eight years ago—as an incompetent bureaucrat overseeing a $2.5 billion renovation project that has exceeded its budget. Stifel strategist Brian Gardner stated that the focus on the renovation of the Fed building could also divert attention from the Epstein case.

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