The rate cut is too little, too late for Trump, who says after the move that his Fed chair lacks "guts, sense, vision"
Such a move would emulate other economies, risk inflationary bubbles, and benefit his businesses.
Plus: Ohio vice cop indicted for murder, FFC would police "the new kids online beat," and crony Federal Reserve appointments on the way?
Fed governors like Herman Cain or Stephen Moore are likely to want to goose short term apparent prosperity to help the president politically. That's a bad idea.
Former BB&T Bank CEO John Allison vs. Moody's Mark Zandi
Chairman Jerome Powell says they are putting their money in risky, unbacked investments built on reckless speculation.
Trump worries that the Fed chief's predictable interest rate policy could impair the economic growth needed to make his tax policies viable.
Minutes from the Fed's June meeting indicate that it will continue gradual interest rate hikes.
Instead of limiting what risks banks can take, the government should force banks to live with the consequences of those risks.
Given the state of the modern GOP, that's a very big "if." But the senator is trying for a vote again this week.
The former 1988 Libertarian nominee and 2008 and 2012 Republican candidate for president says Trump is just a temporary setback for the libertarian moment.
Analysts expect little substantive change from the previous Janet Yellen regime.
The Federal Reserve Transparency Act would not politicize the Fed, but will provide Congress with more information.
A version of the bill has been introduced since 2009.
Fed's turned stock market into a "hall of mirrors," Jim Grant says.
Sanders and Paul on same side on oversight issue.
The senator talks about his Audit the Fed vote tomorrow, why he belongs on the main debate stage, and how the GOP 'needs to become more diverse, not only ideologically but ethnically as well'
Embedded in the move is even larger interest on reserves payout to banks.
An executive whose bank faltered while he was highly compensated reviews a book on the Fed for the New York Times.
Continuing to keep interest rates near zero, as the past few years of that haven't done enough good.
Otherwise, evidence for positive outcome from quantitative easing slim, says study from Federal Reserve Bank of St. Louis.
"What the voters want is snake oil. They want something that makes them feels good"