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

todayAugust 9, 2024 3

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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.

​ 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. Read More Breaking News, Latest News and Videos | CNN 

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