Trump on the Fed: They’re disruptive

A few things stand out –
Trump complains that the people voting on the Fed’s board are “not my people” – I’m not sure the Fed is supposed to be subordinate to the President. I swear he literally thinks he was elected King.
Also, Trump seems to think the Fed sets the interest rate on Treasury bond issuance, which is weird because it’s called an auction, people bid competitively in …

The post Trump on the Fed: They’re disruptive appeared first on The Reformed Broker.

Source: https://thereformedbroker.com/2019/06/10/trump-on-the-fed-theyre-disruptive/

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