Trump Accuses Fed of ‘Playing Politics’
- Donald Trump suggested the Federal Reserve's rate cut indicates a weak economy or political motivations, stating, "The economy would be very bad or they’re playing politics."
- Trump raised concerns about the cut's timing, given its closeness to the upcoming presidential election.
- Republican House Speaker Mike Johnson called the cut "welcome news for consumers," but questioned its timing as "slightly 'suspect'.
11 Articles
11 Articles
Trump Whines That Fed Is 'Playing Politics' With Rate Cut
The Federal Reserve cut its key interest rate by 0.5 percent, or 50 basis points, yesterday, triggering a pout by a certain Orange Cheeto. Via The Daily Beast: Asked for his reaction at a New York City campaign stop, the former president said, “I guess it shows the economy is very bad to cut it by that much—assuming they’re not just playing politics. The economy would be very bad or they’re playing politics, one or the other.” Earlier in the day…
Trump, Harris Angle to Gain Political Edge From Fed Rate Cut
The Federal Reserve’s move to slash interest rates reverberated across the 2024 presidential race as Democrat Kamala Harris hailed the move as a boon for middle class families while Republican Donald Trump suggested the cut may have been politically motivated.
GOP furious Trump-appointed Fed chair cut interest rates 'this close to an election'
In recent years Republicans have been accused of making up rules or redefining existing practices and policies across at least a dozen areas – including voting rights and gerrymandering, their use of the debt ceiling as a “bargaining chip,” and the conservative U.S. Supreme Court’s “shadow docket,” all to push through their agenda or gain a short or long-term advantage.For example, in 2016 then-Senate Majority Leader Mitch McConnell infamously r…
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