Blinder Says Trump Has Been 'Spot-On' Regarding the Fed

The transcript discusses the Federal Reserve's restrictive stance and President Trump's approach to it. Despite Trump's tendency to criticize, he has not pressured the Fed, respecting its decisions on interest rates. The speaker appreciates Trump's appointments to the Fed and suggests he should continue this approach, emphasizing the importance of low interest rates for borrowers.

What is the significance of the appointments made by President Trump to the Federal Reserve?

In what ways has President Trump differed in his treatment of the Federal Reserve compared to other entities?