"I know much more than he does about interest rates, believe me," Trump said of Jerome Powel, lies about egg prices

“I know much more than he does about interest rates, believe me,” Trump said of Jerome Powell, the chairman of the Federal Reserve. Seconds earlier, Trump had sarcastically complained that his criticisms of Powell had shaken the financial markets. “I want to be nice and respectful to the Fed,” he said. “You are not supposed to criticize the Fed. You are supposed to let him do his own thing.”

At the rally in Michigan, Trump said that that price of eggs had fallen by 87 percent and that gas prices were below $2 a gallon in three states. Neither claim is true. The average wholesale price of eggs had fallen by about 50 percent since inauguration, but the retail price of eggs had risen from $4.95 in January to $6.23 in March. In no state was the average gas price per gallon below $2, according to AAA.

President Trump is painting migrants as “monsters” and violent criminals, and showing flashy videos proudly displaying the Trump administration’s iron-fisted immigration enforcement efforts. “The radical Democrat Party is racing to the defense of some of the most violent savages on the face of the Earth,” Trump says.

Trump’s speech is hitting all of his greatest hits, such as attacking his political opponents and painting himself as a target of the left, but he appears to be reveling in the fact that they haven’t been able to thwart his agenda in his second term. He seems particularly proud of how he has wielded extraordinary executive power in slashing the federal workforce — by far one of the most disruptive acts in his first 100 days in office — eliminating what he calls “incompetent and unnecessary deep state bureaucrats.”

https://www.nytimes.com/live/2025/04/29/us/trump-news