I asked Senator Marino about the Fed's decision to hold the interest rates steady. I think that's a wrong headed decision. Look, at the end of the day, there's certainly room to lower interest rates. You've seen Other central banks around the world [have lowered interest rates]. do the same thing. Very disappointed with Chairman Powell. He committed to me in our conference meeting in the Banking Committee that he would stay apolitical during the Biden administration. (00:49–00:52)
CLAIM
Asserts that other central banks globally have lowered interest rates.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
