Former President Trump's VP nominee JD Vance said that he agrees with Trump that the president should have a say over the Federal Reserve's monetary policy decisions.
Former President Trump's vice presidential nominee Sen. JD Vance, R-Ohio, said on Sunday that he backs Trump's call for presidents to have a say in the Federal Reserve board's policy-making process, including decisions about raising interest rates, saying those should be "political decisions.
He emphasized that in his and Trump's view, the president should "not direct" monetary policy and added, "To be clear, President Trump is saying, I think, something that's really important and actually profound, which is that the political leadership of this country should have more say over the monetary policy of this country." "If the American people don't like our interest rate policy, they should elect somebody different to change that policy.
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