"I think it might be time for us to consider lowering interest rates," Pence tells CNBC's Eamon Javers.Vice President Mike Pence speaks with CNBC's Eamon Javers on May 3rd, 2019.should look to cut its benchmark interest rate due to the continued growth of the U.S. economy.on Friday. "We just don't see any inflation in this economy at all."'s confidantes at the White House.
"Back when I was in Congress we had a whole debate about the dual mandate of the Federal Reserve and it might be time for us to consider that again," Pence said. "By just looking at inflation you make clear ... this is exactly the time, not only to not raise interest rates, but we ought to consider cutting them."
Trump is also looking to fill two vacant seats on the Federal Reserve board. But so far the nominees Trump has seriously considered have withdrawn. Conservative punditto step back from Fed consideration on Thursday, following the same path as Herman Cain, who withdrew last month. Pence added that the president is looking for nominees "who are as fiercely committed to the free market as he is."
It seems like President Trump wants to get back in the Casino business. And make America into one big Trump Casino. Just remember what happened to Trump's previous forays. Yup. Bankruptcy.
Why is it every time you see Pence, he looks like he's constipated?...Asking for a friend
The guy who didn’t believe in saving the economy from disaster is now saying make it cheaper for those institutions to get money? Wow. Just wow
Pence is a sexually conflicted robot.
Pence: “Economy is awesome bc of Trump!” Also Pence: “Go ahead and cut rates though.” Makes total sense 🤦🏼♂️🙄
if the economy is doing so well why do they want to the rates cut? I'm a trump fan but these two things do not work together
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