President Donald Trump and Federal Reserve Chair Jerome Powell. Photo: Jabin Botsford/The Washington Post via Getty Images

President Trump is complaining again about the Federal Reserve raising interest rates, telling Reuters today that he's "not thrilled" with the Chairman of the Federal Reserve Jerome Powell, adding that he should be "given some help by the Fed."

Why it matters: Despite the pushback he's received for publicly speaking out about the independent government agency, Trump has continued to break a longtime norm of presidents not commenting on monetary policy. On Friday, Trump privately critiqued Powell, his pick to succeed Janet Yellen in 2017, at a GOP fundraiser in the Hamptons, per Bloomberg, and in July he told CNBC that he didn't like watching interest rates go up.

Between the lines: As Axios' Dan Primack notes, Trump's repeated digs at the Fed could be his way of setting up a scapegoat in the event that the economy turns south.

Be Smart: The Fed raised interest rates twice this year, and has suggested there could be two more hikes before the end of 2018. But if officials decide not to raise rates, there could be questions about whether Trump's comments had any influence on the central bank's decision.

  • Alternatively, former Fed official Narayana Kocherlakota told Bloomberg last month that it is more likely that the Fed will go ahead with its plans "just to show they are not being influenced by the White House in any way."

Go deeper: Trump complained about Fed hiking rates at GOP fundraiser

Go deeper

Updated 44 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 7 a.m. ET: 30,804,120 — Total deaths: 957,348— Total recoveries: 21,062,785Map.
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  6. World: Guatemalan president tests positive for COVID-19 — The countries painting their pandemic recoveries green.

What we overlooked in the switch to remote learning

Illustration: Eniola Odetunde/Axios

America’s rapid and urgent transition to online school has come with a host of unforeseen consequences that are only getting worse as it continues into the fall.

The big picture: The issues range from data privacy to plagiarism, and schools are ill-equipped to deal with them, experts say.

The positions of key GOP senators on replacing Ruth Bader Ginsburg

Senate Majority Leader Mitch McConnell talks to reporters on Capitol Hill last Thursday. Photo: Chip Somodevilla/Getty Images

With President Trump planning to nominate his third Supreme Court justice nominee by next week, key Republican senators are indicating their stance on replacing the late Justice Ruth Bader Ginsburg just over six weeks out from Election Day.

The big picture: Senate Majority Leader Mitch McConnell (Ky.) has vowed that "Trump’s nominee will receive a vote on the floor of the United States Senate." But Sen. Lisa Murkowski (Alaska) told Alaska Public Media, "I would not vote to confirm a Supreme Court nominee. We are 50 some days away from an election."