Click here for the full interview transcript.
There is certainly no love lost between Yellen and Trump who criticized the then-Fed Chair under former president Barack Obama’s administration for keeping rates unusually low. After taking office, Trump made Yellen the first Fed Chair not to receive a second four-year term since the Jimmy Carter administration.
Since then, President Trump has been flicking jabs at Federal Reserve Chairman Jerome Powell for raising interest rates–the same man he nominated for the position. Trump has been leading the chorus on economic growth, taking the opportunity, when presented, to remind everyone that the strong data being extrapolated from the economy is coming under the helm of his presidency.
As far as debates go as to who deserves more credit–the former administration under Barack Obama or the current one under Trump–the president made it clear who deserves the majority, if not all, the credit.
“Barack Obama talked a lot about hope, but Donald Trump delivered the American Dream. All the economic indicators, what’s happening overseas, Donald Trump has proven to be far more successful than Barack Obama. President Trump is delivering the American Dream.” Jason Chaffetz
— Donald J. Trump (@realDonaldTrump) September 9, 2018
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