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Waller, the potential successor to the Federal Reserve Chair, does not welcome the idea of Trump interfering with the Fed's independence

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2024-09-17 21:13:43
Former US President Donald Trump wants the White House to have a say in interest rates, an idea that one Fed governor who is considered a likely successor to Powell's chairpersonship has been rather dismissive. Asked about Trump's views earlier in September, Christopher Waller noted that Congress and financial marekts strongly support the Fed's autonomy in setting interest rates. "If the president wants to complain about it, he can do it like everyone else," Waller said. "He has the right to have those damn opinions, but that doesn't mean I have to listen or adjust policy."
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