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:
|
Former Trump economic advisor Steve Moor...
'The Big Money Show' panel discusses sto...
FOX Business' Stuart Varney examines the...
President Donald Trump makes an announce...
‘The Big Money Show’ panel discusses how...
Fox News host Jimmy Failla joins 'Varney...
A hidden housing crisis is sweeping the ...
Hannah Fry traveled to Vietnam to explor...
The price of gold per troy ounce has rea...
植倉 弘智さんへのインタビュー直後の高橋ダンの感想とは? ▼対談のAfterTa...
An affordability crisis is sweeping the ...
Watch the full episode now exclusively o...
The death toll in flooding which has str...
Bloomberg's Caroline Hyde and Ed Ludlow ...
Runway CEO Cristóbal Valenzuela discusse...
Shopify President Harley Finkelstein dis...
Tesla Bot vs. Boston Dynamics: Who Wins?
Tesla recently announced Optimus, its la...
Low-cost MacBook rumors, Musk talks flying Teslas | Engadget TMA
Engadget’s TMA is a weekly video series ...
Kevin O’Leary on Tesla, Big Tech, Airlines, Oil & Investing in Beansto
Interview with Kevin O'Leary and Connor ...
Low-cost MacBook rumors, Musk talks flying Teslas | Engadget TMA
Engadget’s TMA is a weekly video series ...
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 ...