Trump Renews His Attack on the Fed

The transcript discusses the potential impact of the Federal Reserve's policies on the market, suggesting that the Dow Jones could be significantly higher without the Fed's tightening. It highlights President Trump's desire for a robust US economy and his reluctance to acknowledge any structural impediments to growth. The transcript also covers Trump's influence on the Fed, including his past consideration of firing Jay Powell and his ongoing efforts to install loyalists like Stephen Moore and Herman Cain on the Federal Reserve Board.

What is the main reason given for the Dow Jones Industrial Average potentially being higher?

• Aging population

• Federal Reserve's tightening policies

• Trade tensions with China

• Rising budget deficits

What does President Trump believe is holding back US economic growth?

• Rising budget deficits

• Trade tensions with China

• Federal Reserve's actions

• Aging population

What action did President Trump consider regarding Jay Powell?

• Firing him

• Promoting him

• Reducing his powers

• Supporting his policies

Who are the two individuals President Trump wants to appoint to the Federal Reserve Board?

• Stephen Moore and Herman Cain

• Jerome Powell and Ben Bernanke

• Larry Kudlow and Steve Mnuchin

• Jay Powell and Janet Yellen

What is the status of Herman Cain's nomination to the Federal Reserve Board?

• It is facing significant challenges

• It has been confirmed

• It has been withdrawn

• It is proceeding smoothly