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Trump savages Federal Reserve as stock plunge worsens

Trump savages Federal Reserve as stock plunge worsens

World
President Donald Trump has lashed out at America's central bank as a stock market whose gains he once took credit for continued a historic plunge. In a tweet, Mr Trump said the Federal Reserve was "the only problem" of the American economy. Mr Trump's treasury secretary meanwhile scrambled to calm investors.However, the Dow Jones fell more than 650 points on Monday, and is on track for its worst December since 1931 during the Great Depression. The turmoil comes amid a partial government shutdown, US-China trade tensions and reports the president has discussed firing Fed chairman Jerome Powell. Mr Trump continually boasted about Wall Street's steep climb during ...