During his first term as president, Donald Trump was not shy about publicly disparaging Federal Reserve Chair Jerome Powell and his policy decisions.
Tesla and SpaceX CEO Elon Musk, the billionaire backer of newly minted President-elect Donald Trump, endorsed the idea of allowing presidents to intervene on Federal Reserve policy.
In response to a Thursday social media post from Sen. Mike Lee, R-Utah, which called for the Fed to be under the direction of the president, Musk on Friday posted the « 100 » emoji used to convey agreement.
Sen. Lee had punctuated his post with « #EndtheFed.
