President Donald Trump would save millions in annual interest payments if the Fed interest rates fall. Trump has issued repeated public attacks on Federal Reserve Chairman Jerome Powell to cut the Fed's rate, which would benefit several loans Trump took out on multiple properties. The loans have variable interest rates, meaning the lower the interest rate, the more money he'll save.
President Donald Trump would save millions in annual interest payments if the Fed interest rates fall. Trump has issued repeated public attacks on Federal Reserve Chairman Jerome Powell to cut the Fed's rate, which would benefit several loans Trump took out on multiple properties. The loans have variable interest rates, meaning the lower the interest rate, the more money he'll save.
You people are disgusting! Just admit it you would rather have communists running the country.
Every nation has been doing this for nearly 2 decades. If it weren’t for low rates, you wouldn’t have all of those nasty restaurants that sell those 30lb ice cream churro pies that you guys always report on; they wouldn’t exist, you wouldn’t exist.
Another stupidity that could only come from . Of course realDonaldTrump’s company could save millions if interest rates fall as would other companies.
I keep wondering why it has taken so long for anyone to comment on this conflict
Yes this man with a net worth in the multiple billions and annual income in the hundreds of millions is trying to manipulate fed policy all to save himself a couple M’s a year..
All companies*
Just “mind your own business “?🤭 FRB
So could every other large company?
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Source: Forbes - 🏆 394. / 53 Read more »