
Trump Blames Biden For His Own Actions, Gets Checked
Hint: It was Trump himself.
Trump has been attacking Powell for months for not cutting interest rates, and has toyed with the idea of trying to fire him, even though that's not a power the president has.
He continued his verbal assault on Wednesday, saying Powell does a 'terrible job' and costs the nation 'a lot of money.'
'I was surprised he was appointed,' Trump said. 'Surprised frankly that Biden put him in and extended him.'
But President Joe Biden didn't 'put him in.'
Trump nominated Powell as Fed chair in 2017, praising him at the time for his 'steady leadership, sound judgment, and policy expertise.' Biden renominated Powell for a second term in 2021. In both cases, Powell was confirmed by the Senate with widespread bipartisan support.
Critics offered the president a trip down memory lane on X:
Not remembering he appointed Powell himself is kind of a perfect encapsulation of how poorly thought out and stupid this move is. https://t.co/x3msp6Mi53
— Tina Smith (@SenTinaSmith) July 16, 2025
@SenTinaSmith/ Fox News
Dementia?
And yes let's once again imagine the reaction not just from Fox but the entire DC media if Biden said this. https://t.co/F8VW8J7G9R
— Lawrence O'Donnell (@Lawrence) July 16, 2025
@Lawrence/ Fox News
I hear Biden had trouble recognizing George Clooney once https://t.co/Dh6pjQVHn2
— Tom Nichols (@RadioFreeTom) July 16, 2025
@RadioFreeTom/ Fox News
Appointing someone and being surprised they got appointed is a special kind of stupid that only Trump can trademark. https://t.co/S96bkfNKFF
— Alex Cole (@acnewsitics) July 16, 2025
@acnewsticits/ Fox News
Trump surprised that Trump appointed Powell makes you wonder who has Administration car keys now . . . https://t.co/6u6kNEot03
— Jonathan A. Parker (@ProfJAParker) July 16, 2025
@profjaparker/ Fox News
Holy 25th Amendment, Batman! https://t.co/epF2vcz1h6
— chuckwestover (@chuckwestover) July 16, 2025
@chuckwestover/ Fox News
pic.twitter.com/w0uhkgxE6k
— Comedy of Things (@ComedyOfThings) July 16, 2025
@comedyofthings
Hey Jake Tapper, where's your book on Trump's brain turning to goo https://t.co/frW42ddipS
— I Smoked The Diddy Verdict (@BlackKnight10k) July 16, 2025
@blackknight10k/ Fox News
Jake Tapper wrote a whole ass book about Biden's "decline" while this motherfucker is running the country with the IQ of a boiled carrot. https://t.co/NhiJj4Lrfn
— Patrick S. Tomlinson (@stealthygeek) July 16, 2025
@stealthygeek/ Fox News
"Trump: I was surprised he was appointed— surprised frankly that Biden put him in and extended him."
Holy crap. https://t.co/ODbdJVcAGG
— Holly 🇺🇸🐊 (@CrossingUNStyle) July 16, 2025
@crossingunstyle/ Fox News
Amazing. Truly amazing.
To go on a 2 minute rant about a prominent official without even bothering to check to Wikipedia…
… to find out YOU appointed him. https://t.co/ZHc5ru2ibh
— Stephen Richer (@stephen_richer) July 17, 2025
@stephen_richer/ Fox News
….Trump appointed Jerome Powell does he not remember that?
— je ne sais quoi (@lonerzstoner) July 16, 2025
@lonerzstoner
25th Amendment.
Now.
— Art Candee 🍿🥤 (@ArtCandee) July 16, 2025
@artcandee
If Trump makes such big mistakes on details like this related to him, imagine how many other mistakes he makes on a day to day basis and what the implications are for major policy issues like tariffs. We're only half a year in to a four year term folks.
— Rian Davis (@RianAuthor) July 17, 2025
@rianauthor
Imagine if Biden etc, etc etc....
All the guys who hung on every single Biden word for sign of a flub have just completely gone missing. Strange. https://t.co/rrR5bI5KLf
— Centrism Fan Acct 🔹 (@Wilson__Valdez) July 16, 2025
@wilson_valdez/ Fox News
The list of people Trump hired, turned against then fired is extraordinary
— Akash Maniam (@ManiamAkash) July 16, 2025
@maniamakash
Whoever appointed him was obviously an incompetent fucking moron. https://t.co/x8pcRzqI2O
— Ron Filipkowski (@RonFilipkowski) July 16, 2025
@ronfilipkowski/ Fox News
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
Trump pauses export controls to bolster China trade deal, FT says
(Reuters) -The U.S. has paused curbs on tech exports to China to avoid disrupting trade talks with Beijing and support President Donald Trump's efforts to secure a meeting with President Xi Jinping this year, the Financial Times said on Monday. The industry and security bureau of the Commerce Department, which oversees export controls, has been told in recent months to avoid tough moves on China, the newspaper said, citing current and former officials. Reuters could not immediately verify the report. The White House and the department did not respond to Reuters' requests for comment outside business hours. Top U.S. and Chinese economic officials are set to resume talks in Stockholm on Monday to tackle longstanding economic disputes at the centre of a trade war between the world's top two economies. Tech giant Nvidia said this month it would resume sales of its H20 graphics processing units (GPU) to China, reversing an export curb the Trump administration imposed in April to keep advanced AI chips out of Chinese hands over national security concerns. The planned resumption was part of U.S. negotiations on rare earths and magnets, Commerce Secretary Howard Lutnick has said. The paper said 20 security experts and former officials, including former deputy US national security adviser Matt Pottinger, will write on Monday to Lutnick to voice concern, however. "This move represents a strategic misstep that endangers the United States' economic and military edge in artificial intelligence," they write in the letter, it added.


The Hill
3 minutes ago
- The Hill
Asian shares are mixed after Wall Street sets more records for US stocks
BANGKOK (AP) — Stock markets in Asia were mixed on Monday after U.S. stocks rose to more records as they closed out another winning week. U.S. futures and oil prices were higher ahead of trade talks in Stockholm between U.S. and Chinese officials. European futures rose after the European Union forged a deal with the Trump administration calling for 15% tariffs on most exports to the U.S. The agreement announced after President Donald Trump and European Commission chief Ursula von der Leyen met briefly at Trump's Turnberry golf course in Scotland staves off far higher import duties on both sides that might have sent shock waves through economies around the globe. Tokyo's Nikkei 225 index lost 1% to 41,056.81 after doubts surfaced over what exactly the trade truce between Japan and U.S. President Donald Trump, especially the $550 billion pledge of investment in the U.S. by Japan, will entail. Terms of the deal are still being negotiated and nothing has been formalized in writing, said an official, who insisted on anonymity to detail the terms of the talks. The official suggested the goal was for a $550 billion fund to make investments at Trump's direction. Hong Kong's Hang Seng index gained 0.4% to 25,490.45 while the Shanghai Composite index lost 0.2% to 3,587.25. Taiwan's Taiex rose 0.3%. CK Hutchison, a Hong Kong conglomerate that's selling ports at the Panama Canal, said it may seek a Chinese investor to join a consortium of buyers in a move that might please Beijing but could also bring more U.S. scrutiny to a geopolitically fraught deal. CK Hutchison's shares fell 0.6% on Monday in Hong Kong. Elsewhere in Asia, South Korea's Kospi was little changed at 3,195.49, while Australia's S&P/ASX 200 rose 0.3% to 8,688.40. India's Sensex slipped 0.1%. Markets in Thailand were closed for a holiday. On Friday, the S&P 500 rose 0.4% to 6,388.64, setting an all-time for the fifth time in a week. The Dow Jones Industrial Average climbed 0.5% to 44,901.92, while the Nasdaq composite added 0.2%, closing at 21,108.32 to top its own record. Deckers, the company behind Ugg boots and Hoka shoes, jumped 11.3% after reporting stronger profit and revenue for the spring than analysts expected. Its growth was particularly strong outside the United States, where revenue soared nearly 50%. But Intell fell 8.5% after reporting a loss for the latest quarter, when analysts were looking for a profit. The struggling chipmaker also said it would cut thousands of jobs and eliminate other expenses as it tries to turn around its fortunes. Intel, which helped launch Silicon Valley as the U.S. technology hub, has fallen behind rivals like Nvidia and Advanced Micro Devices while demand for artificial intelligence chips soars. Companies are under pressure to deliver solid growth in profits to justify big gains for their stock prices, which have rallied to record after record in recent weeks. Wall Street has zoomed higher on hopes that President Donald Trump will reach trade deals with other countries that will lower his stiff proposed tariffs, along with the risk that they could cause a recession and drive up inflation. Trump has recently announced deals with Japan and the Philippines, and the next big deadline is looming on Friday, Aug. 1. Apart from trade talks, this week will also feature a meeting by the Federal Reserve on interest rates. Trump again on Thursday lobbied the Fed to cut rates, which he has implied could save the U.S. government money on its debt repayments. Fed Chair Jerome Powell has said he is waiting for more data about how Trump's tariffs affect the economy and inflation before making a move. The widespread expectation on Wall Street is that the Fed will wait until September to resume cutting interest rates. In other dealings early Monday, U.S. benchmark crude oil gained 24 cents to $65.40 per barrel. Brent crude, the international standard, also added 24 cents to $67.90 per barrel. The dollar rose to 147.72 Japanese yen from 147.71 yen. The euro slipped to $1.1755 from $1.1758.

Business Insider
4 minutes ago
- Business Insider
Mark Cuban said the Trump administration needs to crack down on ads in AI models
"Shark Tank" star Mark Cuban said on Saturday that the White House should "make it illegal for AI models to offer advertising." Cuban said in an X post addressed to David Sacks, the White House's AI and crypto czar, that the administration should "examine referral fees as well." "The last thing we need is to have algorithms designed to maximize revenue driving LLM output and interactions," Cuban wrote. "They are already recommending brands and we don't know if they are getting paid for it. We need to have learned our lessons from algos in social media," he added. Cuban said in a subsequent post on Saturday that he would be willing to accept advertising on AI models if they are "identified as an ad" and kept "completely independent from the user generated chats." Cuban's proposal comes just days after the Trump administration unveiled its 28-page " AI Action Plan" on Wednesday. Back in January, President Donald Trump had signed an executive order calling for "existing AI policies and directives that act as barriers to American AI innovation" to be revoked. Trump has adopted a relatively light-touch approach toward AI regulation compared to his predecessor, President Joe Biden. In October 2023, Biden signed an executive order demanding greater transparency from companies developing AI tools. Trump's new "AI Action Plan" proposed withholding federal funding from states that want to impose "burdensome" AI regulations. Cuban and the White House did not respond to requests for comment from Business Insider. Social-media déjà vu Cuban's worries may not be unfounded. Major AI players such as have been deepening their leadership bench with former executives from social media platforms like Facebook and Instagram. In May, OpenAI chief Sam Altman said he had hired Fidji Simo, the CEO and chair of Instacart, to serve as OpenAI's new CEO of applications. Before she joined Instacart, Simo worked at Meta, where she oversaw Facebook's app and advertising products. Last year, OpenAI hired Kevin Weil as its chief product officer. Weil was previously vice president of product at Instagram and senior vice president of product at Twitter. OpenAI's rival, Anthropic, made a similar move in May 2024 when it hired Mike Krieger, cofounder and former CTO of Instagram, as its chief product officer. Cuban has long warned about the risks and dangers that could come with AI tools like chatbots. He told comedian Jon Stewart in a podcast interview that aired in 2023 that online misinformation "is only going to get worse" with the proliferation of AI tools. "Once these things start taking on a life of their own, it will be difficult for us to define why and how the machine makes the decisions it makes, and who controls the machine," Cuban said. Last week, Cuban wrote in an X post that he expects AI companies to hoard talent and intellectual property to stay ahead of their competitors. "If you create valuable IP, encrypt and silo it. Let companies bid on it. Or just use it for your own behind a paywall model. IP is KING in an AI world," Cuban wrote on July 20.