The Trump administration said Tuesday it may end subsidies to General Motors—including for electric cars—after GM said Monday it will close factories and cut up to 15,000 jobs across North America. The announcement came as President Donald Trump blasted Federal Reserve Chair Jerome “Jay” Powell on Tuesday, telling The Washington Post he blamed the Fed for GM’s job cuts, as well as a recent fall in stock market prices. Trump told the Post, “I’m doing deals and I’m not being accommodated by the Fed. They’re making a mistake, because I have a gut, and my gut tells me more sometimes than anybody else’s brain can ever tell me. So far, I’m not even a little bit happy with my selection of Jay. Not even a little bit.”