Trump says he ‘made a lot of money’ so he should have a say in when you get a rate cut | CNN Business

CNN  — 

Throughout his presidency, Donald Trump tried to pressure the Federal Reserve into cutting rates — a breach of protocol that threatened to undermine the independence of the central bank and its ability to keep jobs booming and inflation low. If reelected, Trump said Thursday he’d go further: He’d try to exert direct power over monetary policy.

“I feel the president should have at least a say in there. I feel that strongly,” Trump said toward the end of his press conference. “I made a lot of money. I was very successful. And I think I

→ Continue reading at CNN - Business News

More from author

Related posts

Advertisment

Latest posts

Susan Wojcicki, former YouTube CEO, dies | CNN Business

CNN  —  Former YouTube CEO Susan Wojcicki, a tech pioneer who was one of Google’s earliest employees, has died after...

The FDA Just Rejected a Bid for MDMA’s Approval to Treat PTSD

The US Food and Drug Administration has rejected a first-of-its-kind proposal to use the psychedelic drug MDMA, also known as ecstasy or Molly, as...

Elon Musk is bringing lawsuits to Texas. A judge with Tesla stock keeps hearing them

U.S. Federal Judge Reed O'Connor has been a longtime active member of the...