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Trump on Fed's Powell: "I totally disagree with him"



President Donald Trump, once again deposed, US Federal Reserve Chairman Jerome Powell, promised to unveil his health plan soon and complained about the way he was treated by the media when he was in prison. an interview with ABC News broadcast Sunday night.

In a special edition of "20/20", ABC News presenter George Stephanopoulos, spoke with Trump one-on-one for two days. Aside from Trump's comments last week on Trump's claims that he would be likely to gather information about political opponents if foreign powers offered him in the 2020 elections – which Trump later found – here are five excerpts of Sunday's interview, according to a transcript of ABC News:

Fed Chief Jerome Powell: "He is my choice. And I do not agree with him at all.

"Frankly, if we had had a different person at the Federal Reserve who would not have raised interest rates as much, we would have been at least a full one and a half point higher" [referring to the first quarter’s 3.2% rise in GDP].

"I'm not happy what he's done."

When Stephanopoulos asked him if he feared his critics would put Powell in a box, Trump said, "Yes, I do it. But I will do it anyway because … I waited long enough.

On health care: "I'm really for pre-existing conditions," Trump said, adding that as part of his future plan, people with pre-existing illnesses would be billed "a lot cheaper."

"You will see it in a month when we present it. We will have a plan. This is subject to the victory of the House, the Senate and the Presidency, which hopefully will lead us to all three. We will have phenomenal health care. "

When asked when the plan would be revealed, Trump said, "We will have a plan well before the elections. Soon. Rather early. It's almost over.

"It will be a good plan. Now, all of this is about because the Democrats will not vote for it. This is not their kind, it is too beautiful. "

Rates: "These are the rates that allow us to enter into major commercial agreements. If we did not have rates, I could not even talk to Mexico. . . . if we had no tariffs, we could not talk to China. "

"People do not understand the rates, but I understand them. And I also understand the power of tariffs.

Trump also suggested to further increase tariffs on imports from China: "We have … for now, we get 25% on 250 billion dollars. And in the end, we will probably have about 25%. And that could even be increased. But 25% on 550 to 585 billion dollars. Hundreds of billions of dollars are coming into our country, "he said, despite the fact that US businesses and consumers are paying most of these costs. "The rates have been very beneficial."

On his treatment by the press: "No one has ever been abused like me. . . . Abraham Lincoln was supposedly very badly treated. But no one was badly treated like me.

Why he did not testify under oath to special advocate Robert Mueller on obstruction issues: "Because they were trying to convince us of lies or slight anomalies. I watched what happened to people and it was very unfair. Very, very unfair. It's really unfair. "

When asked if he was afraid of being sued after his sentence, Trump replied, "There was nothing wrong." There was no collusion.

"You do not even hear about Russia anymore.The Russians are not mentioned.Now, it's all about obstruction, obstruction of what? They built a phony crime."

"I gave them 1.5 million pages of documents, right? I gave them four or five hundred witnesses. I left Don McGahn to testify.

"There was no crime. There was no collusion. The collusion of the big thing. Now, there is no collusion. That means that they put– it was an installation. "


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