President Donald Trump, eager for some good economic news to offset headlines about his tariff fallout, is joining the long list of presidents and other politicians pressuring the Federal Reserve to cut interest rates.
The president recently posted on Truth Social that Federal Reserve Chairman Jerome Powell is "always TOO LATE AND WRONG" and that his "termination cannot come fast enough."
Exposing the dangers of the Federal Reserve was my main motivation for getting into politics. However, I do not agree that a president should fire a Federal Reserve chair because they refuse to follow orders to cut rates faster.