And that's what it was always meant to be, right? Well, that's exactly the point. And if you look back at it, There have been presidents that have tried to bend the will of the Federal Reserve Board. But I don't remember anybody positioning the Federal Reserve Board publicly by threatening them for removal. Remember, for good reason, we call it cause. (16:40–16:45)
CLAIM
Asserts that past presidents have attempted to influence the Federal Reserve Board.
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.