Trump shifts blame to Jerome Powell after shock job report,

threatened his president with worse, his hiring slowdown in years.

Trump criticized federalism of Jerome Powell after the ADP National Employment report

showed private payrolls increased by only 37,000 jobs in a month that made the lowest since March of 2023,

posting on truth social, ADP numbers out.

Too late, Powell must now lower the rate.

Trump claimed he is unbelievable.

Europe has lowered nine times,

despite the European Central Bank cutting rate seven times,

with the latest in mid-April,

the weak job report far below the 110,000 job forecast

by Reuters' economists prompted, damn, that's 30% of it,

that's not good, prompted Trump's pressure on Powell, who has kept interest rates between

four and a quarter and four and a half with the Fed stating after May 29 meeting with Trump,

Chair Powell did not discuss his expectations for monetary policy, except to stress that the path of policy

will depend entirely on incoming economic information. Jamie Diamond stated the amount of mismanagement

is extraordinary, citing high yields and national debt risk. Tom. Well, guess what? I'm citing

with the president on this, and let me paint it for you. I'm going to paint you fat. Words talk, but numbers scream. Let's go look at some numbers. So I pulled together four quick exhibits, Pat, that we can go through this. And if you're watching, and I hope you can see it in video and I'll narrate for those of you that are listening. So the first thing we have CNBC pointing out, they say Trump says, too late Powell,

but underneath they talk about facts, things that are happening with European Central Bank

cutting rates, and they also talk about jobs.

Then we go over here, Procter & Gamble, take a look here.

Headline, today, this morning, Procter and Gamble to cut 7,000 jobs.

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