Former President Trump proposed that US presidents should influence interest rate decisions, reigniting concerns about his influence on the Federal Reserve.
Former President Trump suggested that US presidents should have a say in interest rate decisions, potentially reigniting concerns about his influence on the politically independent Federal Reserve. Trump criticized the Fed's policies and personally attacked its chairman Jerome H. Powell during his time in office. In a news conference at his Mar-a-Lago club in Palm Beach, Trump emphasized his belief that he possesses better instincts than some members of the Federal Reserve, stating "I feel the president should have at least a say in there."
August 08, 2024
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