So Janet Yellen isn’t raising interest rates because Barack Obama wants to play golf. Right. In the end, it doesn’t matter what precise conspiracy Trump is alleging.
Republican presidential candidate Donald Trump said on Monday that U.S. Federal Reserve chair janet yellen was keeping interest rates low because of political pressure from the Obama.
In late 2015 then-candidate Donald Trump accused Janet Yellen, chair of the Federal Reserve, of being part of a political conspiracy. Yellen, he insisted, was keeping interest rates unjustifiably low.
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Republican presidential nominee Donald Trump ratcheted up his criticism of the Federal Reserve and Chairwoman Janet Yellen, saying the central bank is keeping rates low to help President Barack Obama.
Speaking Tuesday at a press conference to announce his new book, Crippled America, Trump accused President Barack Obama of conspiring Federal Reserve Chair Janet Yellen to keep interest rates low. In the interview, Trump also said Sen. Elizabeth Warren of Massachusetts was wrong in wanting to keep interest rates low, calling the Democratic Senator "the least effective" member of the Senate.
What are we reading? This book is a devastating account of what happened at a hospital in New Orleans after hurricane katrina hit in 2005. Physician and reporter Sheri Fink spent years reporting on this story and her.
Donald Trump Accuses Federal Reserve’s Yellen of Being ‘Political’. WASHINGTON (Reuters) – Republican presidential candidate Donald Trump said on Monday that U.S. Federal Reserve Chair Janet Yellen was keeping interest rates low because of political pressure from the Obama administration, questioning the motives of an institution whose work hinges.
Donald Trump hit out at Federal Reserve Chair Janet Yellen, questioning her independence from President Obama and the wisdom of low interest rates. "She’s keeping them [interest rates] artificially low to get Obama retired," he said on CNBC. "It’s a very serious problem."
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But is it possible that Yellen’s time as Fed chair could extend beyond that? In a new interview with the Wall Street Journal, President Donald. Trump accused Yellen of conspiring with.
President Donald Trump. person that accused Yellen of not raising interest rates because former President Barack Obama asked her to not raise rates. trump also updated his thoughts on the America.
Trump was a critic of Fed policy under Yellen’s predecessor at the Fed, Ben Bernanke, protesting his moves to keep interest rates low and prop up the economy after the financial crisis just.