Republican presidential candidate former President Donald Trump speaks during a press conference at his Mar-a-Lago estate.
Mandatory Credit: Joe Raedle/Getty Images via CNN Newsource
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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
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.
