Trump calls for the president to have the right to influence interest rates and Federal Reserve policy.
Republican presidential candidate Trump said on Thursday that the president should have some say in interest rates and monetary policy, which is the most explicit statement to date on his stance on the independence of the Federal Reserve, a move that would violate the long-standing tradition of the Federal Reserve's independence from political actors. In addition, he criticized Federal Reserve Chairman Powell, saying he was "a little too early or a little too late" in adjusting interest rates. (Fortune)
