Trump says US needs a 'very serious' rate cut

Ver Trump says US needs a 'very serious' rate cut - Diario As en Dailymotion

Transcript

00:00Give me a couple of votes, but you couldn't sign people in the military.

00:04Recently, you pushed out a statement about addressing an emergency housing situation.

00:08That's right, we're thinking about doing that.

00:10Well, we need a little help from the Fed.

00:12We have a man named Jerome Too Late Powell.

00:16You've probably heard of him.

00:17He's too late, way too late.

00:19And the economy is so strong that it's pushing through that.

00:23Normally, it would have been much tougher, but we're doing so well that we're pushing through it.

00:28But it makes it very hard for people to get mortgages, because too late is too late.

00:32Very simple.

00:33He's too late.

00:35And probably political, whatever.

00:37He wasn't too late before the election.

00:39Before the election, he was cutting rates, right?

00:41Because he was hoping that, I guess, Biden would get in or that Kamala would.

00:45He was a big Biden guy.

00:48Explain that one.

00:49And then he was a Kamala person.

00:50But he was hoping, I guess, she'd win, I guess.

00:53I don't know.

00:54It didn't work out too well.

00:55But, yeah, we need a very serious cut.

00:59Going up to the Supreme Court, who I think have been incredible people.

01:04I think they've made very good decisions.