Trump Allies Draft Plans to Reduce Fed's Independence, Raise Concerns on Nostr: Real Estate Mogul Grant Cardone Supports Donald Trump's Proposal to Take Control of ...
Real Estate Mogul Grant Cardone Supports Donald Trump's Proposal to Take Control of the Federal Reserve
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#6e491e74 ver:0.26
Real estate mogul Grant Cardone supports Donald Trump's proposal to take control of the Federal Reserve, citing concerns about the central bank's impact on the economy. However, there are concerns about eroding the Fed's independence. The Fed's independence is crucial for making decisions based on economic data, not politics. Fed Chair Jerome Powell has emphasized that the upcoming election will not sway policy choices. Political topics have come up in Fed discussions, but the Fed aims to stay independent. The White House defends the Fed's independence, while Trump's allies propose weakening it. Playing politics with the Fed is self-defeating and could undermine its credibility. The fear of a Trump-led Fed is that it would further politicize the central bank. Maintaining the illusion of independence is crucial for public trust. #FederalReserve #Independence #Politics...
#newstr #DonaldTrump #GrantCardone #FederalReserve #JeromePowell #InterestRates #Inflation #Economy #HousingMarket #CreditCardDebt #Bankruptcies
https://here.news/story/6e491e74?ver=0.26
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#6e491e74 ver:0.26
Real estate mogul Grant Cardone supports Donald Trump's proposal to take control of the Federal Reserve, citing concerns about the central bank's impact on the economy. However, there are concerns about eroding the Fed's independence. The Fed's independence is crucial for making decisions based on economic data, not politics. Fed Chair Jerome Powell has emphasized that the upcoming election will not sway policy choices. Political topics have come up in Fed discussions, but the Fed aims to stay independent. The White House defends the Fed's independence, while Trump's allies propose weakening it. Playing politics with the Fed is self-defeating and could undermine its credibility. The fear of a Trump-led Fed is that it would further politicize the central bank. Maintaining the illusion of independence is crucial for public trust. #FederalReserve #Independence #Politics...
#newstr #DonaldTrump #GrantCardone #FederalReserve #JeromePowell #InterestRates #Inflation #Economy #HousingMarket #CreditCardDebt #Bankruptcies
https://here.news/story/6e491e74?ver=0.26