The president is looking for a new Fed chair who is “unstintingly loyal.”

The U.S. dollar plunged Thursday to a three-year low after word got out that President Donald Trump is plotting to announce a MAGA-friendly Federal Reserve chair as early as this summer.

Peeved at Federal Reserve Chair Jerome Powell’s refusal to slash interest rates, Trump has unleashed blistering attacks against the banker, calling him the “WORST” and a “dummy” who is “costing America $Billions.”

Trump Crashes Dollar With Plan to Turn Federal Reserve MAGA

The president is looking for a new Fed chair who is “unstintingly loyal.”

https://www.thedailybeast.com/trump-sends-dollar-plunging-with-plan-to-turn-federal-reserve-maga