Elon Musk backs President-elect Trump's push to give presidents more control over the Federal Reserve.

Elon Musk has endorsed the idea of allowing presidents to influence Federal Reserve policy, aligning with President-elect Donald Trump's past comments on the topic. Trump has previously criticized Fed Chair Jerome Powell and suggested presidents should have more say in monetary decisions. Musk's support reflects a potential challenge to the Federal Reserve's independence under a future Trump administration.

November 09, 2024
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