President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU economist.

U.S. President Donald Trump on Wednesday appeared to suggest he knew more about interest rates than Federal Reserve Chairman Jerome Powell and that rates should be cut. "Mortgage rates are actually down slightly even though I have a guy in the Fed that I'm not a huge fan of,

President Donald Trump may have no intention of letting Federal Reserve Chair Jerome Powell go, but that doesn’t mean he’ll let up on the criticism. The president still wants lower interest rates, but the Fed is pretty much stuck,