Why try to end the independence of the Fed? Because Trump's economic failures are causing him political problems. And He wants the Fed to use monetary policies to artificially juice the economy in the short term. And this is his last chance to do that before the November elections. Having a sock puppet in charge of the Fed would also give the President access to the Fed's powerful authorities to enrich himself, his family, and his Wall street buddies. (01:24–01:32)
CLAIM
Asserts that Trump wants the Fed to manipulate the economy for short-term gains.
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.
