Speaking to reporters outside the White House on Thursday, Press Secretary Karoline Leavitt was asked whether President Trump is looking to replace members of the Federal Reserve Board.
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NewsTranscript
00:00Yes.
00:01On the Federal Reserve, the President criticized the Rape Decision yesterday.
00:06Is he looking to replace members of the Federal Reserve Board like he did on the Federal Trade Commission?
00:13Well, the President has appointed Miki Bowman, as you know, to be the Vice Chair of the Federal Reserve.
00:18We're incredibly optimistic about her.
00:20She is on the ball, as the President says, and knows how to get things done.
00:24The President has every right to criticize the decision,
00:27and he's made it very clear that he believes in lower interest rates are going to help this country boom.
00:32And this administration is working on lowering the rate of inflation caused by the previous administration every day.
00:38Inflation is cooling. The numbers indicate that.
00:40And the President strongly believes in low interest rates, and I think the American public do, too.