Larry Kudlow on Trump's Plan to Control the Federal Reserve and His Free Trade Vision

Trump's Stance on the Federal Reserve

• 🎯 President Trump was reportedly furious with the Federal Reserve in his first term for raising interest rates without sufficient reason.
• ⚠️ Kudlow asserts that President Trump intends to take over the Federal Reserve, stating that current Fed Chair Jerome Powell should not be permitted to serve due to being fired by the president.
• 🗓️ Powell should not be allowed to sit on or vote in the upcoming FOMC meetings on the 16th and 17th, as she has been dismissed.

Trump's Free Trade Philosophy

• 🌍 Fundamentally, Trump is an internationalist who has always conducted business globally, contrary to claims of isolationism.
• 📉 His trade vision aims for a world with zero tariffs or equally low tariffs.
• 🚫 He also seeks to end non-tariff barriers and various government subsidies.
• 📈 Kudlow anticipates that tariffs will not exceed approximately 15% under Trump's policies.