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Russell Vought: “Chairman Powell was very late in the Biden administration to…”

Featuring: Russell Vought, Director, U.S. Office of Management and Budget | National

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Full Interview: OMB Director Russell Vought on "Face the Nation"

Published | Video Starts at 00:34

Well, I think he's looking for a chairman that's not continually too late to the developments in the economic marketplace. And I think what we've seen with Chairman Powell was very late in the Biden administration to raise rates. to articulate the concern with regard to the Biden administration spending. We all knew on the outside, even Larry Summers knew that we were going to have an issue with regard to inflation. (00:34–00:45)

CLAIM

Asserts that Jerome Powell delayed raising interest rates during the Biden administration.

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