Birdwatch Note Rating
2025-01-24 05:19:04 UTC - NOT_HELPFUL
Rated by Participant: 3DF44704148E0750921E0F932587BE042A7DA6202916EDA2A477B7130E1BAC2F
Participant Details
Original Note:
Interest rates in the U.S. are controlled by the Federal Reserve (the Fed), not the President. The Fed operates independently of the executive branch, meaning its decisions are not directly controlled by the President or Congress. https://www.investopedia.com/terms/f/federalfundsrate.asp https://www.nbcnews.com/politics/2024-election/trump-promised-lower-interest-rates-will-largely-control-rcna179285
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