Mr. Donald Trump has officially found a way to strong-arm the Federal Reserve into cutting interest rates. Not through direct intervention, but through fiscal policy. The US president’s Department of Government Efficiency (D.

Actions of the central bank can be mistaken. But long history shows that no matter the party, presidents often push for actions that may not be good for the economy.

As President Donald Trump lashes out at government agencies across Washington, one of his favorite first-term targets – the Federal Reserve – has been getting a relatively easy ride.

Donald Trump has made it clear he wants a say on setting interest rates—and that he wants borrowing costs to come down. He’s repeatedly criticized Federal Reserve Chair Jerome Powell, whom Trump appointed to lead the central bank in 2018,