Trump Says Presidents Should Have a Say on Fed Policy

Published on August 9, 2024

Former President Donald Trump said, if reelected, he should have a “say” in the Federal Reserve’s policymaking decisions as it relates to interest rates. While speaking at a roughly hour-long news conference at his Mar-a-Lago estate in Florida on Aug. 8, the Republican presidential nominee told reporters that “the president should have at least a say in there.” Trump was critical of the U.S. central bank, saying that “it’s sort of gotten it wrong a lot,” citing his experience as a businessman. “I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman,” he said. “I used to have it out with [Fed Chair Jerome Powell]. I had it out with him a couple times very strongly. I fought him very hard.”...

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