Trump Hits Fed on Inflation, Vows Energy Boom and Deregulation to Tame Prices

The president said that if the Fed had focused less on DEI and ‘fake climate change,’ inflation wouldn’t have been a problem.
Trump Hits Fed on Inflation, Vows Energy Boom and Deregulation to Tame Prices
President Donald Trump addresses the 2025 Republican Issues Conference at the Trump National Doral Miami golf club on Jan. 27, 2025. Joe Raedle/Getty Images
Tom Ozimek
Updated:
0:00

President Donald Trump on Wednesday accused Federal Reserve Chair Jerome Powell of failing to control inflation, blaming the Fed’s focus on social and environmental issues.

The president vowed to counter what he called the Fed’s mismanagement with deregulation, energy expansion, and Treasury-led lending that would boost economic growth and ease inflationary pressures.

Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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