Tesla (TSLA) CEO and vocal Trump backer Elon Musk has signaled support for expanding presidential authority over the Federal Reserve's policy decisions. Musk agreed with Utah Senator Mike Lee's (R) social media post on X which argued that the executive branch "should be under the direction of the president." This stance echoes President-elect Donald Trump's campaign rhetoric, where he repeatedly advocated for influence over Fed decisions and called for the resignation of Federal Reserve Chair Jerome Powell. Yahoo Finance Fed Reporter Jennifer Schonberger breaks down the details.
#youtube #Trump #ElonMusk
About Yahoo Finance:
Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life.
- Get the latest news and data at finance.yahoo.com
- Download the Yahoo Finance app on Apple ( or Android (
- Follow Yahoo Finance on social:
X:
Instagram:
TikTok:
Facebook:
LinkedIn:
|
Children under the age of 16 in Australi...
----------------------------------------...
On The Vergecast, Wall Street Journal se...
'The Big Money Show' weighs in on Presid...
OpenDoor CEO Kaz Nejatian discusses the ...
US President Donald Trump has criticised...
Today, a report into almost £11 billion ...
Seattle radio host Jason Rantz joins 'Va...
Jess Glynne's Hold My Hand has been name...
President Donald Trump delivers remarks ...
Fox News chief congressional corresponde...
Compass real estate agent Heather Harris...
Millions of children and teenagers under...
Sponsored by Edward Jones Making millio...
Tesla Bot vs. Boston Dynamics: Who Wins?
Tesla recently announced Optimus, its la...
The Tesla of Appliances? Impulse Labs’ CEO Sam D’Amico
Impulse Labs founder and CEO Sam D’Amico...
Kevin O’Leary on Tesla, Big Tech, Airlines, Oil & Investing in Beansto
Interview with Kevin O'Leary and Connor ...
The Tesla of Appliances? Impulse Labs’ CEO Sam D’Amico
Impulse Labs founder and CEO Sam D’Amico...
Tesla Bot vs. Boston Dynamics: Who Wins?
Tesla recently announced Optimus, its la...
Kevin O’Leary on Tesla, Big Tech, Airlines, Oil & Investing in Beansto
Interview with Kevin O'Leary and Connor ...