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Story summary
- U.S. President Donald Trump criticized Steven Mnuchin for recommending Jerome Powell as Federal Reserve chair in 2017.
- He called Mnuchin's advice a 'beauty' and said the damage was 'incalculable' in a Truth Social post.
- As Scott Bessent seeks a Powell successor, Trump demands rapid rate cuts from the next chair.
- He warned Bessent, 'If you don’t get it fixed fast, I’m going to fire your ass'.
