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News and Analysis
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AP: Trump will visit Federal Reserve in escalation of campaign to pressure Powell to cut interest rates
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Reuters: Fed working with White House to accommodate Trump's visit
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CNBC: Trump to visit Federal Reserve, escalating campaign against Chair Powell
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PBS NewsHour via YouTube: Trump visits Federal Reserve as he pressures Powell to cut interest rates
Discussion Thread: President Trump Visits Federal Reserve Amid Pressure to Force Fed Chair Powell to Cut Interest Rates
byu/PoliticsModeratorBot inpolitics
29 comments
He can’t force Powell to cut rates. So who exactly is pressuring him to do it?
Also…why would anyone want the rates to lower? That would be a disaster for the economy.
So is anyone actually gonna carry the guy out of the office if Trump writes a mean letter or is Trump just blowing more smoke?
As far as I understood it the Fed is a separate institution that the Executive can’t directly influence (with good reason).
Today would be a bad day to have “Bring your daughter to work” day.
Trump going to try and crash the economy to distract us from his name being all over the Epstein files.
Amid pressure from whom? Himself?
When your boss shows up for a site inspection, except he can’t fire you.
over under on Trump just firing him live on the spot like it’s the apprentice?
Anything to take the focus off Epstein
If he gets his rate cuts and things tank or more likely we get stagflation he’ll just say we didn’t cut soon enough.
Powell said a couple months ago that he would have *already* cut interest rates, except that dumpfuck is causing global economic chaos with the tariffs.
Obligatory ‘Release the files’!
As Trump is doing so much to try and change the conversation to something else, nay anything else other than the J.E. fiasco.
About interest rates. The Epstein Estate probably has more stuff of interest.
He could’ve golfed the entire term away, and the Fed probably would’ve already cut rates at least once by now. But by starting the tariff fights, and then raging at Jay Powell, it’s hard to see how the Fed doesn’t slow walk this as much as they can at this point.
That’s the worst part of both Trump terms. He could’ve sat back, pretended to be President while leaving any actual governing to the Vice President, and golfed for 8 years, and by sheer momentum everything would’ve come out better. His actions alone are what’s causing all the extra misery.
If he does manage to succeed, get ready for some hyperinflation.
Edit: who wants a bet he wants hyperinflation so people will stop talking about Epstein?
They really just need to hand Trump the ‘special scissors’ used to cut interest rates. He can take it home and keep it next to his ‘weather Sharpie’ and he’ll be happy that he is in control of things again.
lol this isn’t Epstein distraction. he’s been harping on this for 6 months
Better check his pockets on the way out
Little Donnie wants to find out the hard way that the bond market sets the rate on government debt, not the Fed.
there is another interesting meeting today…
“Lower the interest rate or I will shit myself.”
”I can’t lower the interest rate given current economic conditions.”
”Good because I already shit myself.”
Powell should ask Trump if he watched South Park last night.
Hey, my client is one of the GC’s on that project!
Files. Release. When?
I don’t think firing Powell is going to decrease the interest rate in Epstein.
good time to buy VIX!
This is like a hostage situation. Powell isn’t taking it though.
Podiums been set up outside the reserve. Wonder if he’ll actually fire Powell live on air
MSNBC just played a clip of the visit and Powell called out bald lies Trump and Tim Scott were selling.
Trump tried to say the cost of the renovations had doubled, and Powell said “you added another building that was finished 5 years ago.”
I feel like this is the start of a very shitty heist movie
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