New York CNN —
Former President Donald Trump said that if he is reelected, he would not reappoint Federal Reserve Chair Jerome Powell, accusing Powell of considering rate cuts to give Democrats an advantage in the 2024 elections.
“It looks to me like he’s trying to lower interest rates for the sake of maybe getting people elected, I don’t know,” Trump said in an interview with Fox Business Network’s Maria Bartiromo that aired Friday morning.
“I think he’s going to do something to probably help the Democrats, I think, if he lowers interest rates,” Trump said
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