Speaking Tuesday at a press conference to announce his new book, Crippled America, Trump accused President Barack Obama of conspiring Federal Reserve Chair Janet Yellen to keep interest rates low. In the interview, Trump also said Sen. Elizabeth Warren of Massachusetts was wrong in wanting to keep interest rates low, calling the Democratic Senator "the least effective" member of the Senate.
Trump Alleges Yellen Conspiring With Obama to Keep Interest Rates Low Published on September 12, 2016 by Sam Knight donald trump hit out at Federal Reserve Chair Janet Yellen, questioning her independence from President Obama and the wisdom of low interest rates.
Republican presidential candidate Donald Trump said on Monday that U.S. Federal Reserve Chair Janet Yellen was keeping interest rates low because of political pressure from the Obama administration, questioning the motives of an institution whose work hinges on maintaining its independence.
In a Bloomberg interview, Trump accused Yellen, a Democrat, of keeping rates low to satisfy President Obama and help Hillary Clinton get elected president. "I think [Yellen] is a very political.
Speaking Tuesday at a press conference to announce his new book, Crippled America, Trump accused President Barack Obama of conspiring Federal Reserve Chair Janet Yellen to keep interest rates low.
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Trump was a critic of Fed policy under Yellen’s predecessor at the Fed, Ben Bernanke, protesting his moves to keep interest rates low and prop up the economy after the financial crisis just.
Republican White House contender donald trump accused the U.S. Federal Reserve on Tuesday of keeping interest rates low at the bidding of Democratic President Barack Obama. Trump, speaking at a news conference at his company’s New York City headquarters, also called Fed Chair Janet Yellen "highly political." The White House rejected Trump’s assertions shortly after his news conference. Trump’s comments made him the latest Republican presidential candidate to bash the U.S. central bank.
They're keeping the rates artificially low so that Obama can go out and play. she's done a political job," he said about Fed chair Janet Yellen.
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WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Monday that U.S. Federal Reserve Chair Janet Yellen was keeping interest rates low because of political pressure from.
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