Vance backs Trump’s support for a presidential ‘say’ on Federal Reserve’s interest rate policy

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Vance backs Trump’s support for a presidential ‘say’ on Federal Reserve’s interest rate policy
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WASHINGTON (AP) — JD Vance has endorsed former President Donald Trump's call for the White House to have “a say” over the Federal Reserve's interest rate

FILE - Republican vice presidential nominee Sen. JD Vance, R-Ohio, speaks at a campaign event at Wollard International, Aug. 7, 2024, in Eau Claire, Wis.

“The independence of the Fed is something that not just economists, or investors, but citizens should place a high value on,” said Carl Tannenbaum, chief economist at Northern Trust, a wealth management firm. On Saturday, Vice President Kamala Harris said she couldn’t “disagree more strongly” with Trump’s view.

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