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Chuck Schumer: “Meddling with the Fed will certainly drive up interest rates…”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

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Watch: I am speaking live from the Senate floor

Published | Video Starts at 08:53

If you want mortgage rates to come down or if you're worried about the economy getting worse, the president's attacks on the Fed should alarm you. And Meddling with the Fed will certainly drive up interest rates because the markets hate uncertainty. We know what's going on. Donald Trump, typical, is angry that his own policies have driven up prices and killed jobs. (08:53–09:00)

CLAIM

Asserts that interference with the Federal Reserve will increase 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.


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