Trump has publicly called for Federal Reserve Chairman Jerome Powell to cut the Fed's rate, which would benefit several of Trump's loans.
President Donald Trump would save millions in annual interest payments if the Fed interest rates fall. Trump has issued repeated public attacks on Federal Reserve Chairman Jerome Powell to cut the Fed's rate, which would benefit several loans Trump took out on multiple properties. The loans have variable interest rates, meaning the lower the interest rate, the more money he'll save.
President Donald Trump would save millions in annual interest payments if the Fed interest rates fall. Trump has issued repeated public attacks on Federal Reserve Chairman Jerome Powell to cut the Fed's rate, which would benefit several loans Trump took out on multiple properties. The loans have variable interest rates, meaning the lower the interest rate, the more money he'll save.
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