Second, in your testimony, you said it's perfectly fine for elected officials to state their views on interest rates, but that is not what Donald Trump is doing. The President has repeatedly and illegally attempted to take over the Fed. His bogus attacks on Governor Lisa Cook and Chair Powell were designed to threaten all the members of the Fed. to do Trump's bidding and open more spots for Trump flunkies. Why try to end the independence of the Fed? Because Trump's economic failures are causing him political problems. (01:01–01:10)
CLAIM
Asserts that Trump's attacks on Fed officials are intended to intimidate them.
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.
