Zerohedge.com Reports: Update: After a 1000 point plunge in The Dow, President Trump has found a scapegoat. After The White House put out the calming statement (below), President Trump told reporters that "it's the correction that we've been waiting for a long time." And once again, Trump was not shy about criticizing or scapegoating Fed Chair Jay Powell: “The Fed has gone crazy,” he told reporters on Wednesday as he arrived in Pennsylvania for a campaign rally. “So you can say that well that’s a lot of safety actually, and it is a lot of safety, and it gives you a lot of margins, but I think the Fed has gone crazy. I think the Fed is making a mistake. They’re so tight" Trump said, adding that he "really disagrees" with the Fed raising interest rates.
Well President Trump has called out the Federal Reserve today before heading for a rally in Erie, PA tonight, as after the 800 plus point drop in the Dow...President Trump has declared the Federal Reserve as going crazy. This may possibly be the first time in the history of the Federal Reserve since 1913 that a sitting President has actually called out the Federal Reserve...Where Trump has stated the Federal Reserve private banking system has gone crazy. President Trump has delivered a shot at our true controllers by calling out the Federal Reserve by stating it has gone crazy, and this isn't the first time Trump has called out the Federal Reserve...So maybe President Trump is officially preparing to take on the Fed.