Subject:**WH Travel Pool Report 2 The Feds gone crazy*
The president spoke to the traveling pool for two minutes after landing in Erie.
he said the Fed has gone crazy when asked about the market drop, saying they are too tight he said it would have been very unfair to the people who wanted to see the rally for him to have canceled.
Subject:**In Town Pool Report 8/economic statement*
The White House shared the following statement, after the Dow Jones Industrial Average fell 831 points today:
The fundamentals and future of the U.S. economy remain incredibly strong. Unemployment is at a fifty year low, taxes for families and businesses have been cut, regulations and red tape have been slashed, paychecks are getting fatter, consumer and small business confidence are setting records, and farmers, ranchers and manufacturers are empowered by better trade deals. President Trumps economic policies are the reasons for these historic successes and they have created a solid base for continued growth. — Sarah Sanders
In response to a question about Rod Rosenstein’s attendance at this afternoon’s bill signing, White House spokeswoman Lindsay Walters said, “He was at the White House for a regularly scheduled meeting.” Rosenstein’s named did not appear on a White House list of expected attendees at the ceremony.
For those who have asked: I’m still working to confirm that President Trump was referring to Jamal Khashoggi’s fiancee when he spoke in the Oval Office about receiving a letter from the missing Saudi journalist’s “wife.”
The Fed stayed so loose in the Obama years, which is how he managed to squeak in a little growth. Now it seems they are tightening fairly quickly because we are finally growing under Trump’s policies.
I know he wanted to pay down debt while the rates were low. I wish the FED would give a little more room. On the political side, the Trump administration tried to cut spending, but of course was stopped, so now we’re further in debt. Then they raise the rates.
The President has to March against headwinds all the way.