Trump calls Fed chief Powell 'numbskull' as he urges interest rate cut

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President Donald Trump speaks during an event to sign a bill blocking California's rule banning the sale of new gas-powered cars by 2035, in the East Room of the White House, Thursday, June 12, 2025, in Washington.

Alex Brandon | AP

President Donald Trump ripped Federal Reserve Chair Jerome Powell as a "numbskull" on Thursday as he turned up the heat on the central bank chief to lower interest rates.

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