MeidasTouch host Ben Meiselas reports on Donald Trump’s disastrous Oval Office press conference with Italian Prime Minister Meloni. Just Thrive: Go to https://JustThriveHealth.com and use code: MEIDAS to save 20% on your first bottle. Visit https://meidasplus.com for more! Remember to subscribe to ALL the MeidasTouch Network Podcasts: MeidasTouch: https://www.meidastouch.com/tag/meidastouch-podcast Legal AF: https://www.meidastouch.com/tag/legal-af MissTrial: https://meidasnews.com/tag/miss-trial The PoliticsGirl Podcast: https://www.meidastouch.com/tag/the-politicsgirl-podcast The Influence Continuum: https://www.meidastouch.com/tag/the-influence-continuum-with-dr-steven-hassan Mea Culpa with Michael Cohen: https://www.meidastouch.com/tag/mea-culpa-with-michael-cohen The Weekend Show: https://www.meidastouch.com/tag/the-weekend-show Burn the Boats: https://www.meidastouch.com/tag/burn-the-boats Majority 54: https://www.meidastouch.com/tag/majority-54 Political Beatdown: https://www.meidastouch.com/tag/political-beatdown On Democracy with FP Wellman: https://www.meidastouch.com/tag/on-democracy-with-fpwellman Uncovered: https://www.meidastouch.com/tag/maga-uncovered Coalition of the Sane: https://meidasnews.com/tag/coalition-of-the-sane Learn more about your ad choices. Visit megaphone.fm/adchoices
Chapter 1: What happened during Donald Trump's press conference with Italian Prime Minister Meloni?
Donald Trump just wrapped up a disastrous press conference in the Oval Office with the Prime Minister of Italy. Of course, Donald Trump mostly made it about himself, his grievances, his retribution. Donald Trump spent the time attacking the chairman of the Federal Reserve, Jerome Powell, who Donald Trump himself appointed in 2017. Play this clip.
Chapter 2: What are Donald Trump's views on Federal Reserve Chairman Jerome Powell?
Mr. President, on Jerome Powell, you said that the termination of Jerome Powell cannot come fast enough. He says he won't leave, even if you ask him to.
If I ask him to, he'll be out of there.
Do you believe you have the power to remove him, and are you trying to do that?
I don't think he's doing the job. He's too late, always too late, a little slow, and I'm not happy with him. I let him know it, and... If I want him out, he'll be out of there real fast. Believe me.
Donald Trump continued to attack Chairman Powell because Chairman Powell accurately described that our economy is having big problems now created by the Trump regime. Donald Trump in this Oval Office press conference says he doesn't know what Congo is. even is, the country. He doesn't know what it is, but he says they're doing bad things. Play this clip.
All over the world, the Congo and Africa. Many, many people come from the Congo. I don't know what that is, but they came from the Congo.
And all over the world, they came in, opened their... Donald Trump next addresses the school shooting that took place at the FSU Student Union, or I should say, he mentions it. He doesn't really address it. His statement is, quote, things like this take place, is his response to the horrific tragedy that took place today. Play this clip.
Everybody, I've been briefed on these... Florida State University, Tallahassee. Active shooter. I guess it's an active shooter. Fully brief as to where we are right now. It's a shame. It's a horrible thing. Horrible that things like this take place. And we'll have more to say about it later.
Donald Trump then said that Jerome Powell, the chairman of the Federal Reserve, is going to face a lot of political pressure. He goes, you know, these are political guys. And so you're going to face a lot of pressure. Play this clip.
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Chapter 3: How did Trump respond to questions about firing Jerome Powell?
And I think there's a lot of political pressure for him to lower interest rates.
Once again, let me repeat, Donald Trump appointed Chairman Powell in 2017, okay? So now Donald Trump is attacking his own person because his own person is saying accurately that the economy is struggling right now because of Trump's failed trade war with the world. Donald Trump then says that Jimmy Carter, a late president, is actually a happy man. He died happy because he was better than Biden.
This is again, The deranged, demented mind of a freaking lunatic. Here, play this clip.
Chapter 4: What did Trump say about the economy and inflation?
They were useless. They were incompetent. Worst administration in the history of our country. Worse than Jimmy Carter. Jimmy Carter died a happy man. You know why? Because he wasn't the worst president. Joe Biden was. So, uh, I think you're going to see some fantastic numbers where this all happens. It's happening now. I mean, everybody wants to make a deal.
A reporter then asks Donald Trump to clarify his views about Chairman Powell and about what he intends to do to Chairman Powell if Chairman Powell does not reduce interest rates. Here, play this clip.
Do you intend to see Powell's firing if he doesn't change his stance on rate cuts? Or is that on the table?
Well, I think he should do the rate cuts because I think if Europe has done it, it puts us at a disadvantage to Europe. I mean, he plays right into their hands. So I think he should do the rate cuts. We don't have really inflation now. I just said the major things are going down. Oil is great. Oil is way ahead of schedule. And that's because of our policies.
Chapter 5: How does Ben Meiselas critique Trump's economic policies and statements?
Chapter 6: What was Trump's reaction to the Florida State University school shooting?
And all over the world, they came in, opened their... Donald Trump next addresses the school shooting that took place at the FSU Student Union, or I should say, he mentions it. He doesn't really address it. His statement is, quote, things like this take place, is his response to the horrific tragedy that took place today. Play this clip.
Everybody, I've been briefed on these... Florida State University, Tallahassee. Active shooter. I guess it's an active shooter. Fully brief as to where we are right now. It's a shame. It's a horrible thing. Horrible that things like this take place. And we'll have more to say about it later.
Donald Trump then said that Jerome Powell, the chairman of the Federal Reserve, is going to face a lot of political pressure. He goes, you know, these are political guys. And so you're going to face a lot of pressure. Play this clip.
It's come down quite a bit. And I would say the Fed really owes it to the American people to get interest rates down. That's the only thing he's good for. And he would have an effect on that if he lowered them. And I think at some point he will. He's going to have a lot of political pressure. You know, they are political also.
And I think there's a lot of political pressure for him to lower interest rates.
Once again, let me repeat, Donald Trump appointed Chairman Powell in 2017, okay? So now Donald Trump is attacking his own person because his own person is saying accurately that the economy is struggling right now because of Trump's failed trade war with the world. Donald Trump then says that Jimmy Carter, a late president, is actually a happy man. He died happy because he was better than Biden.
This is again, The deranged, demented mind of a freaking lunatic. Here, play this clip.
They were useless. They were incompetent. Worst administration in the history of our country. Worse than Jimmy Carter. Jimmy Carter died a happy man. You know why? Because he wasn't the worst president. Joe Biden was. So, uh, I think you're going to see some fantastic numbers where this all happens. It's happening now. I mean, everybody wants to make a deal.
A reporter then asks Donald Trump to clarify his views about Chairman Powell and about what he intends to do to Chairman Powell if Chairman Powell does not reduce interest rates. Here, play this clip.
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Chapter 7: What comparisons did Trump make between Joe Biden and Jimmy Carter?
Do you intend to see Powell's firing if he doesn't change his stance on rate cuts? Or is that on the table?
Well, I think he should do the rate cuts because I think if Europe has done it, it puts us at a disadvantage to Europe. I mean, he plays right into their hands. So I think he should do the rate cuts. We don't have really inflation now. I just said the major things are going down. Oil is great. Oil is way ahead of schedule. And that's because of our policies.
But oil is down into the sixty dollar sixty five dollar range now per barrel. And I told you in certain states we have less than two dollars for gasoline and food is down. Groceries, as we call it, are down. Other than interest rates, everything's down. Interest rates are pretty flat. It's not that they're up, but we should be better than flat.
If he would lower the interest rate, I think it would have a good impact on that too. But the costs are down. We have very little inflation. I would say we have essentially no inflation. Hard to have inflation when oil goes down.
And it's just interesting that Donald Trump continues to cite Europe's central bank as a reason the United States should be doing interest rate cuts. You know, Donald, we were doing interest rate cuts in the United States. You know when? under former President Biden. You know why? Because inflation was hitting its Fed target rate of 2% based on things like the Inflation Reduction Act.
Former President Biden had to clean up the mess left by you, the arsonist. The arsonist then claimed that the person putting out the fire was actually the arsonist. You came back into power and now once again, voila, you are the arsonist again, screwing up the economy, causing inflation to rise such that interest rates can't be taken down.
Now, one of the expressions that I've heard and Carl Quintanilla has said it before, what Trump wants to do is try to burn down the house in order to cook a steak. So you're trying to destroy the entire economy, blow it all up to what, to lower the interest rates when the economy is going to be literally the worst since the Great Depression? Like that's the game plan?
Donald Trump then says that there are lots of countries calling him up, so many countries calling him up to make deals that he maybe doesn't even want to do deals with them. Play this clip.
Very well with negotiations, I think, with all countries. Do you have a timing? Scott could tell you a little bit, but we are doing very well. We have a lot of countries that wanna make a deal. Frankly, they wanna make deals more than I do. Go ahead, Scott.
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