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【Trump's 'Rhetoric' on the Federal Reserve Sparks Debate!
Pence Supports: The President Should Have a Voice】
Former U.S. Vice President Pence recently came out strong, supporting Trump’s public 'comments' on Federal Reserve Chairman Powell and interest rate policy! In an interview, he stated: "The President absolutely has the right to weigh in on the Federal Reserve; why should it be treated like a 'sacred council'?" Pence also criticized that the Federal Reserve should not be an 'independent institution that only allows worship and no speech.'
Trump has previously slammed the Federal Reserve for 'raising rates destroying the economy,' and now Pence’s backing raises questions: is this the beginning of a 'war of words' between the White House and the central bank? Is the President's interference in monetary policy a form of democratic oversight or overreach? Comments welcome!
