Trump Blames 'Crazy' Federal Reserve for Stock Selloff

The video discusses the recent U.S. stock market decline, with President Trump criticizing the Federal Reserve's actions. Kevin Cirilli reports on the political reactions, including calls for an audit of the Fed. Despite the market drop, Treasury Secretary Steven Mnuchin asserts the economy's fundamentals remain strong. Trump views the market correction as overdue, while the administration highlights low unemployment and tax cuts. Democrats argue these events signal future economic challenges.

What did the President believe about the Federal Reserve's actions?

• The Fed is not relevant to the stock market.

• The Fed should lower interest rates.

• The Fed has gone crazy.

• The Fed is doing a great job.

What did the President call for during his campaign regarding the Federal Reserve?

• An audit of the Federal Reserve.

• A complete shutdown of the Fed.

• More independence for the Fed.

• An increase in interest rates.

How did the Treasury Secretary describe the economy despite the Dow's loss?

• Dependent on foreign investments.

• Still strong with solid fundamentals.

• In need of immediate intervention.

• Weak and unstable.

What did President Trump say about the market correction?

• It is a disaster for the economy.

• It is a correction that was long overdue.

• It will lead to a recession.

• It is irrelevant to economic policies.

What are the Democrats suggesting about the current economic situation?

• It shows the success of current policies.

• It is unrelated to political decisions.

• It indicates potential future challenges.

• It is a sign of future prosperity.