Donald Trump Mocked for Saying He ‘Really Understands’ Interest Rates After Being a ‘Bankrupt Casino

At a rally on April 29, celebrating his first 100 days in office at Macomb Community College in Michigan, Trump claimed to know more about interest rates than Federal Reserve Chair Jerome Powell, prompting critics to reference his history of bankruptcy with Atlantic City casinos. "He talks interest rates like he talks policy – loud, wrong and straight out of a bankrupt casino owner’s playbook," one critic stated after a video of the speech spread on X. One observed, "The problem with Trump’s shrinking economy and rising prices – is adjusting interest rates either way is a problem.

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