Donald Trump the Central Banker
2024 Presidential Election,Donald Trump,Federal Reserve,Jerome Powell
Donald Trump has offended the great and good again by suggesting that a President should have some influence on monetary policy and interest rates. How dare he try to meddle in the independence of the Federal Reserve, cried Kamala Harris and the pundit chorus. There’s more to explore here than another morality tale of dastardly Donald.
“I feel the President should have at least [a] say in there,” the former President told reporters Thursday at his ask-me-anything-and-I-might-say-anything press conference. “I think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman.”
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