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Does the President REALLY Have Control Over The Fed & Interest Rates?
Mar 22, 2025 #jenniferlammer #bondbeginners #bondmastersCan President Trump really take over the Fed, replace Powell & lower interest rates? Is this a repeat of the FTC firings or is the Fed somehow different?
18:12
SOURCES:
https://www.federalreserve.gov/mediacenter/files/FOMCpresconf20250319.pdf
https://www.yahoo.com/news/trump-criticizes-federal-calls-lower-144544087.html
https://www.brookings.edu/articles/why-is-the-federal-reserve-independent-and-what-does-that-mean-in-practice/
https://trumpwhitehouse.archives.gov/presidential-actions/president-donald-j-trump-announces-nomination-jerome-powell-chairman-board-governors-federal-reserve-system/
https://www.federalreserve.gov/faqs/about_12799.htm
https://www.richmondfed.org/-/media/richmondfedorg/publications/research/econ_focus/2009/fall/pdf/federal_reserve.pdf
https://prospect.org/economy/2023-04-06-federal-reserve-independence-problem/
https://www.bloomberg.com/news/articles/2025-03-21/jerome-powell-says-trump-can-t-fire-him-that-might-change
https://www.treasurydirect.gov/auctions/upcoming/
https://www.marcus.com/us/en/savings/high-yield-cds/14MCD