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Ted Cruz: “Presidents for a long time have tried to jawbone the Fed…”

Featuring: Ted Cruz, Republican | U.S. Senate, Texas

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Gerard Baker in Conversation with Texas Senator Ted Cruz

Published | Video Starts at 17:11

You and I have enormous common ground, particularly on economic issues. I'm concerned about the same things you raise. The latter, I will say. Presidents for a long time have tried to jawbone the Fed into lowering interest rates. Not, not to the point of prosecuting him. Fair enough. You know, let me say more broadly. Donald Trump, I think, is a black swan event. He is a unique individual in history. (17:11–17:15)

CLAIM

Asserts that it is common for presidents to pressure the Federal Reserve to lower 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.


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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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