Vance Backs Trump's Fed Proposal

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SAY ON FEDERAL RESERVE POLICY

Fox Business

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Vance backs Trump on president influencing Federal Reserve decisions

Summary

Nutrition label

83% Informative

Sen. JD Vance , R- Ohio , backs President Trump 's call for presidents to have a say in the Federal Reserve board's policy-making process.

Vance made his remarks in an interview on CNN 's " State of the Union " program on Sunday .

Trump said on Thursday that the president "should have at least [a] say in there" when the Fed makes monetary policy moves.

Vance said it would be "a huge change" to move away from long-held stance that the Fed 's monetary policy decisions should be made independently of political influences from elected officials.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful