I dunno, it makes sense that the federal branch that manages interest rates is independent of the president. Didn't we have a whole thing where Trump couldn't force rate increases or decreases back in 2020? Do we really want Trump to declare interest rate changes via tweeting or whatever?
What about things like drug approvals? I don't want Trump to ban certain drugs just because they didn't donate to his campaign. I don't want Trump to approve Elon Musk's brain chips just because Musk told him to.
I dunno, it makes sense that the federal branch that manages interest rates is independent of the president. Didn't we have a whole thing where Trump couldn't force rate increases or decreases back in 2020? Do we really want Trump to declare interest rate changes via tweeting or whatever?
What about things like drug approvals? I don't want Trump to ban certain drugs just because they didn't donate to his campaign. I don't want Trump to approve Elon Musk's brain chips just because Musk told him to.