Tag Archives: US Dollar

Slingshot News: ‘It Is Down 6.7%’: Scott Bessent Takes After Trump, Outright Lies About The Dollar During Interview At Investment Forum [Video]

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During an investment forum hosted by CNBC yesterday, Treasury Secretary Scott Bessent spun his wheels in a desperate attempt to make the weakening dollar not such a big deal. Bessent falsely claimed that the dollar is down 6.7% for the year when it has actually been down above 9% for several months. 

‘It Is Down 6.7%’: Scott Bessent Takes After Trump, Outright Lies About The Dollar During Interview At Investment Forum
During an investment forum hosted by CNBC yesterday, Treasury Secretary Scott Bessent spun his wheels in a desperate attempt to make the weakening dollar not such a big deal. Bessent falsely claimed that the dollar is down 6.7% for the year when it has actually been down above 9% for several months.

https://www.msn.com/en-us/money/markets/it-is-down-6-7-scott-bessent-takes-after-trump-outright-lies-about-the-dollar-during-interview-at-investment-forum/vi-AA1OCOs7

Daily Beast: Trump Sends Dollar Plunging With Plan to Turn Federal Reserve MAGA

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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