From CNBC: 2024-09-17 13:37:53

Rep. Patrick McHenry criticizes politicians for publicly pressuring the Federal Reserve on interest rate policy. As the Fed is expected to cut rates for the first time since 2020, speculation arises on political influence. Democrats and Republicans, including Trump, have weighed in on the issue. McHenry emphasizes the Fed should act based on data, not politics.

Read more: Lawmakers are ‘demeaning their role’ by trying to influence the Fed