Trump calls Fed chair 'a numbskull' who 'makes it difficult for people to buy a house'

In new attack, US president accuses Jerome Powell of preventing central bank from lowering interest rates Business live - latest updates Donald Trump has renewed his attacks on Jerome Powell, calling the US central bank chair a "numbskull" and accusing him of "making it difficult for people, especially the young, to buy a house". The US president accused Powell of preventing the Federal Reserve from lowering interest rates to make housing more affordable.