U.S. Vice President and Democratic presidential candidate Kamala Harris speaks with members of the media before boarding Air Force Two at Detroit Metropolitan Wayne County Airport in Romulus, Michigan, U.
S., August 7, 2024. Elizabeth Frantz | Reuters Vice President Kamala Harris on Saturday fiercely disagreed with former President Donald Trump 's suggestion this week that U.
S. presidents should have a say in the Federal Reserve's interest rate decisions. "I couldn't .
.. disagree more strongly," Harris told reporters in Arizona, referring to the Republican presidential nominee's comments.
"The Fed is an independent entity, and as president, I would never interfere in the decisions that the Fed makes." Harris' comments drew a stark contrast between her and Trump, who said this week that the president should "have at least [a] say" in Fed policy. "I think that in my case, I made a lot of money, I was very successful, and I think I have a better instinct than, in many cases, people that would be on the Federal Reserve or the chairman," Trump said Thursday during a press conference at his Mar-a-Lago resort.
Harris also said Saturday that she is watching to see where the Fed moves next on interest rates. "As we know we've there was some turbulence this week [in global markets], but it seems to have settled itself, and we'll see what [decisions] they make next," she told reporters. Harris added that she learns about Fed decisions "about the same time you do.
" At his Florida press co.