the fed chair " almost looks like he 's happy raising interest rates , " the president donald trump is criticizing jerome powell , the man he picked to lead the federal reserve .
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in an interview tuesday with the wall street journal , trump said that powell raises interest rates " every time we do something great . "
michelle smith , a spokeswoman for the fed , declined to comment on trump 's remarks tuesday .
the federal president trump has put the federal reserve at the middle of the latest drop in the markets , saying the " fed has gone crazy . "
in the run - up to the midterms , trump has pitched voters on his stewardship of the economy .
he also said he " maybe " regretted nominating powell to the position , noting that " i have a hot economy going , " and that " every time we do something great , he raises the interest rates . "
the biggest risk to the economy was not tariffs , said that the fed is raising interest rates too quickly .
it almost looks like he 's happy raising interest rates , " said trump renewed his attack on the federal reserve on tuesday , accusing his own appointee , chairman jerome " jay " powell , of stunting the nation 's economic growth . "