Trump and his allies are crying “election interference” over the Federal Reserve’s decision to slash interest rates

After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it.

On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage point. It’s the first cut since 2020 and a long-awaited decrease to historically high interest rates.


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  • @Yewb
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    123 minutes ago

    Let’s put more cash into the system that will fix inflation /s

  • @[email protected]
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    4 hours ago

    Cloud passes in front of the sun, Trump calls ‘election interference’

    Trump drops his hamburger on the floor, calls ‘election interference’

    It’s Thursday, Trump calls ‘election interference’

    • @grue
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      62 hours ago

      He’s trying to destroy the meaning of the term just before him and his MAGA flying monkeys commit massive actual election interference.

    • @Makeitstop
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      1 hour ago

      I once worked for an idiot who was a little high strung, and who responded to anything unexpected by getting angry. This exchange actually happened:

      Other employee: “Hey boss, the bank called, they made a mistake, you actually have $100 more than you thought you had.”

      Boss: “WHAT THE HELL AM I SUPPOSED TO DO WITH THAT?”

    • @dhork
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      716 hours ago

      A narcissist who wants to take the credit for it

      • mommykink
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        456 hours ago

        Never forget that the border deal that Trump ordered senate Republicans to veto was one of the most comprehensive policy proposals in decades

      • @NotMyOldRedditName
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        155 hours ago

        Mitch McConnell tables a bill.

        Dems support it

        Mitch McConnel fillibusters own bill

    • @someguy3
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      5 hours ago

      Weirdo that wanted them to do it when he’s president, so he can say he did it.

  • @[email protected]
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    486 hours ago

    Even as cynical as I am, it astonishes me that the Republicans have become entirely up-front about the fact that they don’t really give a shit about the American people and are only interested in how policy decisions affect them personally.

    It’s not just the case that they’ll institute harmful policies if they can blame the Democrats for them or oppose beneficial policies that they can’t claim credit for themselves, but that they do it openly and obviously.

    And their wholly emotion-driven supporters remain completely oblivious…

    • The Snark Urge
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      65 hours ago

      It’s really hard to make sense of their actions if you aren’t thinking of them as literal enemies of the republic.

  • HubertManne
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    266 hours ago

    and lets not forget trump harrassed the fed to drop them to zero before covid which is how we got the inflation at the end of his term.

    • @lemming741
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      125 hours ago

      Everyone overlooks that. It’s the only knob we have and he abused it and we paid the price.

      • @LibreHans
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        154 minutes ago

        The whole word dropped their interest rates.

  • @[email protected]
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    75 hours ago

    Republicans getting Mad when Good Things happen to the Working Class is PROOF that DEMOCRATS Hate the Working Class!

    • @LibreHans
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      153 minutes ago

      How are lower interest rates, which leads to more money in the system, which leads to more inflation, good for the working class?

    • @[email protected]
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      126 hours ago

      They usually only move the rate a quarter percent at a time, so technically this is a big drop

      • @[email protected]
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        65 hours ago

        They had a number of 0.5% or greater increases in 2022, two drops going into the pandemic, etc.

  • @edgemaster72
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    44 hours ago

    It’s the opposite side of the coin of them taking credit for infrastructure improvements in their districts when they voted against that bill

  • @[email protected]
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    6 hours ago

    Bitchboi who committed election interference calls everything election interference to try and deflect…

    You know what this reminds me of? A fucking six year old.

  • @_bcron
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    5 hours ago

    Dumbass complains that it is allegedly a political move but also wants Presidents to be able to dictate the Fed’s decisions.

    Everything that happens that isn’t to his benefit is a conspiracy to make him look bad. Everything that happens to his benefit was hard-earned and well-deserved.

    Fucking 80 year old baby wears diapers and people can attest to it. Smells like shit, cries, drools, no impulse control when it comes to random tits, can barely form a coherent sentence. No wonder his cabinet was a revolving door of blood relatives and his wife can’t be bothered to leave NY to visit him. Sad sad guy

  • Pantsofmagic
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    35 hours ago

    There’s been a lot of discussion about an interest rate cut in September for the last 6 months.