You don't want to overhaul the Fed. We want an economic system that works for the American people, that includes the Fed. And The President has been very clear that all he's asking from the Fed is lower interest rates. because he thinks it's important. When you look across the globe and you have countries lowering rates, and yet we don't see that in this country, given all of the positive economic indicators that we're seeing. (02:29–02:35)
CLAIM
Asserts that the President's primary request from the Federal Reserve is to lower interest rates.
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