Former US President Donald Trump has been critical of Federal Reserve Chair Jerome Powell, but European leaders have rallied around him. The comment comes after a recent trip to Europe where Powell received warm welcomes and praise from EU officials.
The sentiment is reminiscent of a quote by former President Harry Truman: “If you want a friend in Washington, get a dog.” This phrase suggests that building alliances in the US capital can be challenging. However, it appears that Powell has found a more welcoming reception abroad.
Source: https://www.bloomberg.com/news/newsletters/2025-07-02/fed-s-powell-gets-love-bombed-in-europe-after-trump-s-taunts