And look how fast the American economy responded and rebounded. 4.3% unemployment rate today, but there's still a stubborn part of inflation. And let me be also mindful of this. I think Chairman Powell has done a very good job as chairman of the Federal Reserve Bill because he has not succumbed to the pressures of being told what to do about interest rates. I think that you need that independence, Bureau of Labor Statistics, the Joint Committee on Taxation, or the Federal Reserve Board. You need people who are independently minded to tell you what the facts are in those cases. (30:26–30:35)
CLAIM
Asserts that Chairman Powell has maintained independence in managing 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.
