WASHINGTON—Explaining that the accounting tool would greatly help to keep track of the county’s finances and lower spending, Federal Reserve Chairman Jerome Powell reportedly downloaded a budgeting app Monday to help manage the nation’s economy. “In order to better oversee our $20 trillion GDP, I’ve signed up for a free trial of Mint on the app store,” said Powell, adding that the easy budget app would help ensure maximum economic efficiency by sending him a notification whenever the nation overspends on infrastructure or misses a debt payment to China. “I’m using the free version, which means there’s a bunch of annoying ads, but I’m willing to deal with that for the betterment of our country. I’ve only been using it a few days, and we’ve already managed to save millions of dollars on defense spending.” At press time, Powell had started cutting up all the nation’s credit cards.