– Former President Trump’s VP nominee, Sen. JD Vance, R-Ohio, expressed support for Trump’s comments on presidents having a say in the Federal Reserve board’s policy-making process
– Vance emphasized that monetary policy decisions should be political decisions involving elected leaders
– The stance is a departure from the long-held belief that the Federal Reserve’s decisions should be made independently of political influences
– Vance and Trump believe that the president should not direct monetary policy but should have input in the decision-making process
– Trump’s comments were made during a press conference at his Mar-a-Lago residence in Florida
– Trump has previously criticized the Fed’s policy decisions and leadership, advocating for more influence from elected officials in monetary policy decisions

You can read this full article at: https://papersourceonline.com/vance-backs-trump-on-president-influencing-federal-reserve-decisions/(subscription required)

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