Trump denies another Journal report, this time on Powell, Bessent
Share this @internewscast.com


President Trump responded angrily on Sunday to a Wall Street Journal story that Treasury Secretary Scott Bessent had personally sought to talk him out of trying to fire Federal Reserve Chairman Jerome Powell.

Trump, who is currently suing the Journal over its reporting on his relationship with the late Jeffrey Epstein, has been aggressively trying to push Powell out over his handling of interest rates. Legal scholars do not believe Trump has the authority to oust the Fed chair unilaterally, and reports that he might try to do so have shaken Wall Street in recent days.

“The Wall Street Journal ran a typically untruthful story today by saying that Secretary of the Treasury, Scott Bessent, explained to me that firing Jerome ‘Too Late’ Powell, the Worst Federal Reserve Chairman in History, would be bad for the Market,” Trump said in a Sunday post on Truth Social.

“Nobody had to explain that to me. I know better than anybody what’s good for the Market, and what’s good for the U.S.A,” he added. “If it weren’t for me, the Market wouldn’t be at Record Highs right now, it probably would have CRASHED! So, get your information CORRECT. People don’t explain to me, I explain to them!”

When reached for comment, the Fed said it doesn’t “have anything to share.”

Trump sued the Journal for alleged defamation Friday after the newspaper publishing a story describing a letter he reportedly sent to Epstein for his 50th birthday.

The Journal reported that the birthday message, which has what appears to be Trump’s signature, was typed inside the outline of a naked woman.

“A pal is a wonderful thing. Happy Birthday and may every day be another wonderful secret,” it reportedly read. 

Trump’s legal complaint said the story has caused “overwhelming financial and reputational harm” for the president, pressing for billions of dollars in damages. 

“Defendants concocted this story to malign President Trump’s character and integrity and deceptively portray him in a false light,” the lawsuit said.

Trump has for weeks been trying to tamp down growing calls including from some of his strongest supporters for a full release of the federal government’s files on Epstein, who died of an apparent suicide in a Manhattan prison in 2019.

Multiple members of the Trump administration had previously embraced conspiracy theories surrounding Epstein, but earlier this month, the administration said that the disgraced financier and convicted sex trafficker had indeed killed himself, and that he didn’t keep a “client list.”

Share this @internewscast.com
You May Also Like

Exciting Rivalry Week Showdowns Could Shake Up AP Top 25 Rankings

The closing week of the college football regular season saw traditional rivals…

Survey Reveals Teenagers’ Growing Disinterest in Traditional News Media

NEW YORK – From a young age, Cat Murphy had a clear…

Port Orange Motorbike Crash Leaves Rider with Severe Injuries, Police Report

PORT ORANGE, Fla. – A serious collision on Sunday afternoon sent a…

Venezuelan President Maduro’s Complex Strategy: Balancing Loyalty and Punishment

CARACAS – In a surprising twist of attitude, Venezuelan President Nicolás Maduro,…

Trump’s Pardon Pledge Could Change Fate of Honduras’ Former Leader in Prison

TEGUCIGALPA – Juan Orlando Hernández, the former leader of Honduras, once a…

Pope Concludes Turkey Visit, Sets Sights on Beirut to Inspire Hope Amid Lebanon’s Ongoing Challenges

ISTANBUL – Concluding his visit to Turkey, Pope Leo XIV is now…

Honduras Prepares for Tight Presidential Race Amid Unexpected Trump Influence

TEGUCIGALPA – As Honduras approaches its presidential election this Sunday, the nation…

Experience the Magic: Johnson City’s Candyland Christmas Trees Illuminate the Holiday Season

JOHNSON CITY, Tenn. (WJHL) — On Saturday evening, the heart of Johnson…

Trump Commutes Sentence of David Gentile: Former Private Equity Executive Gains Freedom

HALLANDALE BEACH, Fla. – In a notable move, President Donald Trump has…

Two Lanes Shut Down After I-81 North Accident in Bristol

A multi-vehicle accident has resulted in the closure of lanes on Interstate…

Community Concerns Grow as National Guard Attack Suspect Battled ‘Dark Isolation

The Afghan national accused of the recent shooting of two National Guard…

Vanderbilt Quarterback’s Sibling Detained in Knoxville Amidst Game

In Knoxville, Tennessee, a notable incident occurred at Neyland Stadium over the…