Daily Times

Donald Trump on Thursday voiced frustration at the independence of the Federal Reserve and suggested that the US president should have “at least a say” over the course of monetary policy.

Trump, who is running against Kamala Harris in November’s presidential election, has frequently criticized the actions of Fed Chair Jerome Powell — whom he nominated to lead the independent US central bank — and suggested he may not look to renominate him once his current term expires in 2026. The Fed has “sort of gotten it wrong a lot,” Trump told reporters Thursday during a press conference in Palm Beach, Florida. “I feel the president should have at least a say” about monetary policy, he said, adding he had “fought him very hard” on some occasions — an apparent reference to Powell. “I made a lot of money, I was very successful, and I think I have a better instinct than, in many cases, people that would be on the Federal Reserve, or the chairman,” he added.