Elon Musk endorses plan to let presidents meddle with Federal Reserve after Trump election win
2024-11-09 08:56:59 source:CNBC
November 9, 2024
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.”
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