Overview

• Trump publicly asked, “Am I allowed to appoint myself at the Fed? I’d do a much better job than these people,” during a White House appearance.
• Lawrence O’Donnell said the comment reflects a level of cognitive decline he has never seen in any president before.
• He noted that if President Biden had floated a similar idea, the White House press corps would have treated it as a major breaking story.
• Jerome Powell recently declined to cut interest rates and cautioned that Trump’s tariffs risk driving consumer prices higher.
• Media investigations by CNN’s Jake Tapper and Axios’ Alex Thompson have separately probed questions about President Biden’s mental and physical fitness.