Trump Slams Yellen’s Fed Again, This Time on a Much Bigger Stage
- Candidate’s criticism of low-rate policy goes unrebutted
- Fed didn’t materialize in 2012 general-election debates
Trump: We Are in a Big Fat Ugly Bubble
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Donald Trump took aim at the Federal Reserve in front of millions of viewers during the first 2016 presidential debate, accusing the U.S. central bank of playing politics in a challenge to its legitimacy that could have lasting consequences.
Public anger over Wall Street bailouts turned the Fed into a political lightning rod during the 2008 crisis, but the Republican nominee is taking that to a new level, especially by criticizing the institution during what was expected to be one of the most-watched television events in U.S. history.