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Message
Trump wants next Fed chair consult with him on interest rates
Posted on 12/12/25 at 2:53 pm
Posted on 12/12/25 at 2:53 pm
quote:
WASHINGTON—President Trump said he was leaning toward choosing either former Fed governor Kevin Warsh or National Economic Council Director Kevin Hassett to lead the Federal Reserve next year.
Trump said he thought the next Fed chair should consult with him on where to set interest rates..
“Typically, that’s not done anymore. It used to be done routinely. It should be done,” Trump said. “It doesn’t mean—I don’t think he should do exactly what we say. But certainly we’re—I’m a smart voice and should be listened to.”
LINK
Why does this White House and the President continue to act like we will never have a Democrat President ever again, and not think about how a lot of this could come back to bite us later once the precedent is set? Do they know something the country doesn't?
This post was edited on 12/12/25 at 2:57 pm
6
Posted on 12/12/25 at 3:05 pm to Street Hawk
If you think having the President consult with the head of the Fed on interest rates is breaking new ground then think again. The question is if the Federal Reserve is unduly influenced by a President.
Posted on 12/12/25 at 3:57 pm to RoyalWe
Don't know if we have had a President consult with the Fed.
Jawbone and critique sure. That's gone on forever.
We are about to have a situation where interest rates will always be zero.
Jawbone and critique sure. That's gone on forever.
We are about to have a situation where interest rates will always be zero.
Posted on 12/12/25 at 4:10 pm to bigjoe1
quote:It's difficult for me to take you seriously if you actually believe that. That's your position?
We are about to have a situation where interest rates will always be zero.
Perplexity.ai Link with References of US Presidents Meeting with Fed Chairmen
This post was edited on 12/12/25 at 4:13 pm
Posted on 12/12/25 at 4:17 pm to RoyalWe
Receipts
Posted on 12/12/25 at 4:24 pm to RoyalWe
So the dollar is devalued because the fed loses independence and inflation runs rampant because interest lates are kept too low?
How do I buy gold again?!?!
How do I buy gold again?!?!
Posted on 12/12/25 at 5:20 pm to Street Hawk
End the Fed!
Posted on 12/12/25 at 5:21 pm to Street Hawk
As the Fed Chair should after the disaster that is Jerome Powell
Or ditch the Fed
Or ditch the Fed
Posted on 12/12/25 at 7:28 pm to SDVTiger
quote:
Or ditch the Fed
might be best option
Posted on 12/12/25 at 7:50 pm to Fat Bastard
End the Fed
Should’ve never been created and may be the first step to returning the USD to anything more than paper we agree is valuable
Should’ve never been created and may be the first step to returning the USD to anything more than paper we agree is valuable
Posted on 12/12/25 at 8:57 pm to YungBuck
quote:
may be the first step to returning the USD to anything more than paper we agree is valuable
not if Trump and his ilk have anything to say about it 
Posted on 12/12/25 at 11:17 pm to SDVTiger
quote:
disaster that is Jerome Powell
Whoever appointed Powell must be a goddamn imbecile.
Posted on 12/13/25 at 12:02 am to Street Hawk
Posted on 12/13/25 at 12:13 am to YungBuck
quote:
End the Fed
Should’ve never been created and may be the first step to returning the USD to anything more than paper we agree is valuable
Tis the Titanic's fault..... Supposed to discuss the future of international finance, team Fed cancels before the ship departs, team no fed is on boat dies. Next pass 16th amendment and federal income tax, next form Federal Reserve, next start WW1, next require passports to travel internationally, next inflate the economy, next cause the great depression, next buy up everything for pennies on the dollar.
They have been on the warpath to rob your ancestors, you, and your descendants of everything but most importantly freedom and prosperity for ever.
This is why it should be the have nots vs the have yachts but instead they have managed to get the sheep to argue Republican vs Democrat like a bunch of petty dipshit serfs should do.
This post was edited on 12/13/25 at 12:14 am
Posted on 12/13/25 at 9:22 am to bigjoe1
quote:
We are about to have a situation where interest rates will always be zero.
This must be sarcasm.
Posted on 12/13/25 at 3:32 pm to Street Hawk
This would keep it all above board.
Unlike the back room discussions that Biden had just before the last election.
Unlike the back room discussions that Biden had just before the last election.
Posted on 12/13/25 at 4:41 pm to ronricks
quote:
Whoever appointed Powell must be a goddamn imbecile
Yeah your Boy JB who rehired him was a total moron
Posted on 12/13/25 at 4:47 pm to SDVTiger
quote:
JB who rehired him was a total moron
President Donald Trump nominated Jerome Powell as Federal Reserve Chair on November 2, 2017.
Powell was sworn into office on February 5, 2018, succeeding Janet Yellen.
Posted on 12/13/25 at 7:02 pm to LSURussian
quote:
Biden reappoints Jerome Powell as Fed chair at a critical time for the economy
November 22, 20219:08 AM ET
It was a disaster from that day moving forward. He said inflation was transitory
Not even you can defend the mess he created
Posted on 12/13/25 at 7:32 pm to SDVTiger
I’m not defending anybody. I’m just pointing out your post about Biden making Powell Fed Chair was deceptive if not dishonest. As usual.
Edit: It was Janet Yellen, Fed Chair prior to Powell, who said “inflation is transitory” in 2021 when she was Secretary of the Treasury.
Powell never said “inflation is transitory.”
He was asked a question about Trump’s tariffs effect on inflation in March of this year and he said he thought the tariffs would have a transitory effect on inflation.
You can’t get even simple facts straight.
Edit: It was Janet Yellen, Fed Chair prior to Powell, who said “inflation is transitory” in 2021 when she was Secretary of the Treasury.
Powell never said “inflation is transitory.”
He was asked a question about Trump’s tariffs effect on inflation in March of this year and he said he thought the tariffs would have a transitory effect on inflation.
You can’t get even simple facts straight.
This post was edited on 12/13/25 at 7:46 pm
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