Trump says he will intervene in the US Federal Reserve

Donald Trump (Photograph) this Thursday, the 8th, suggested that he would try to interfere with the Federal Reserve’s decisions.Equivalent to the Federal Reserve Bank of America. The statement was released at a press conference held in Mar-a-Lago, Florida by the former president and current Republican candidate.

Asked how his relationship with Fed Chairman Jerome Powell was and what it would look like for a second term, the Republican said. “The president should at least have a voice there [no Fed]”. He continued his reasoning: “I am In my case, I’ve made a lot of money, I’ve been very successful, and in many cases, I think I have better intuition than the names at the Federal Reserve and its chairman.

Trump said “Of course [o Fed] He is already wrong about many things, some of which he is too early and others too late. And it already is “The Toughest Debate” with the head of the agency.

Trump is no stranger to publicly criticizing Powell for decisions on the US economy. As in Brazil, the mandate of central bank directors is not tied to the president, and if elected, Trump would live with the central bank chairman until May 2026.

The Republican Party, like other sectors, rehearses more interventions in the body if elected. One alternative would be to remove Powell, who has been in office since 2018 “reason”, It doesn’t seem like that.

It was Trump’s first public appearance since Kamala Harris chose Tim Walz as the Democratic vice presidential nominee. During his speech, the Republican revealed that his committee had agreed to three debates against the current vice president of the United States. On September 4, a debate on Fox News Channel; on Sept. 10, on NBC; September 25 on ABC.

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