Trump Wants Presidents to Have ‘Some Say’ Over Fed Policy

Republican nominee Donald Trump said that the president should have “some say” over interest rates and monetary policy, a move that would go against the longstanding practice of the US Federal Reserve being independent of political actors. #politics #trump #harris “I think that, in my case, I made a lot of money. I was very successful,” Trump said at a press conference Thursday at his Mar-a-Lago club in Palm Beach. “And I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman.” Trump has frequently expressed frustration that the executive branch does not have more sway over interest rates. On Thursday he criticized Federal Reserve Chair Jerome Powell for being a “little bit too early and a little bit too late” in moving interest rates. Read more: www.bloomberg.com/news/articles/2024-08-08/trump-w… -------- Subscribe to our YouTube channel: trib.al/KM4k5RA Subscribe to Bloomberg Originals: trib.al/dJv9Uw8 Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: youtube.com/user/Bloomberg Breaking News on YouTube: youtube.com/@BloombergQuicktakeNow

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