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:
|
Joseph Amato, Neuberger Berman, joins 'C...
Daily Market Coverage Apr. 6, 2026 3PM-5...
Daily Market Coverage Apr. 7, 2026 3PM-5...
Daily Market Coverage Apr. 7, 2026 9AM-1...
Richard Haass, president emeritus of the...
== Yahoo Finance provides free stock tic...
President Trump speaks to reporters at t...
Former SEC Chair and current US Attorney...
Bare Knuckle Boxing CEO talks about the ...
Max Kettner, chief multi-asset strategis...
National Economic Council Director Kevin...
MIT Sloan School of Management in the US...
In 1999, the average graduate earned 80%...
Hedging Tesla and AMD With Covered Calls
Hedging with covered calls and collars, ...
Kevin O’Leary on Tesla, Big Tech, Airlines, Oil & Investing in Beansto
Interview with Kevin O'Leary and Connor ...
Hedging Tesla and AMD With Covered Calls
Hedging with covered calls and collars, ...
Kevin O’Leary on Tesla, Big Tech, Airlines, Oil & Investing in Beansto
Interview with Kevin O'Leary and Connor ...