Mr. Harris “did not intervene in FRB decisions” and the difference with Mr. Trump is clear

August 11, 2024 at 10:52 AM GMT+9

Vice President Harris, the presidential candidate of the US Democratic Party, showed recognition on the 10th that the US Federal Reserve (FRB) is an independent organization, and expressed that if they win the November presidential election, they will never intervene in FRB policy decisions.
I told reporters in Phoenix, Arizona, where I visited on a campaign trip.
Former President Trump, the Republican presidential candidate, stated on the 8th that the president should have a say in FRB decisions. see more
Mr. Harris clearly expressed his contrasting stance with Mr. Trump and stated that he strongly opposed his views.

Also, it is assumed that policies focusing on the US economy will be announced soon, and “emphasis will be placed on what is necessary to reduce costs and strengthen the economy as a whole.”
Employment statistics for July announced on the 2nd became soft, and confusion spread to global stock markets due to concerns surrounding the possibility of a recession in the US economy and FRB's response, but Mr. Harris said that the market seemed to have calmed down about such concerns, and showed an attitude of watching what kind of decisions the FRB will make next.