Part 7/11:
Adding a dash of intrigue, a recent meeting between President Donald Trump and Federal Reserve Chair Jerome Powell became a subject of speculation. Reports indicated a tense exchange regarding the renovation of the Fed building, with Trump expressing concerns about costs and delays. While the president claimed it was a routine discussion, observers interpreted the interaction as a sign of mounting tensions.
Mulaney speculated that the Fed resents Trump's influence and wants him to leave office, citing the Fed's reluctance to lower interest rates and their desire to weaken Trump's position. He suggested that the relationship between the administration and the Fed is strained, with potential repercussions for markets and policy.