Can Trump really influence interest rates?

President-elect Donald Trump and some of his allies have suggested, to varying degrees, that Trump should be allowed to meddle with the Federal Reserve’s decisions about US monetary policy. “I think I have the right to say, ‘I think you should go up or down a little bit,’” Trump said, referring to interest rates, which…

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Trump transition chair pick signals think tank influence

Donald Trump’s presidential campaign announced on Friday his transition team will be co-chaired by two major donors and allies, Linda McMahon, the former head of his Small Business Administration, and Howard Lutnick, the chairman and CEO of financial services firm Cantor Fitzgerald. Republican vice presidential nominee JD Vance and Trump’s two adult sons, Donald Trump…

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