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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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https://www.cnbc.com/2024/11/09/elon-musk-endorses-trump-intervene-federal-reserve.html