News list for " Trump wants"

Waller, the potential successor to the Federal Reserve Chair, does not welcome the idea of Trump interfering with the Fed's independence

Former US President Donald Trump wants the White House to have a say in interest rates, and one Fed governor, who is considered a likely successor to Powell's chairpersonship, has been rather dismissive of the idea. Asked about Trump's views earlier in September, Christopher Waller noted that Congress and financial marekts strongly support the Fed's autonomy in setting interest rates. "If the president wants to complain about it, he can do it like everyone else," Waller said. "He has the right t...

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2024-09-18 05:13:43