Trump and his allies are crying “election interference” over the Federal Reserve’s decision to slash interest rates

After months of complaining about the crippling burden of high interest rates and expensive borrowing, Republicans for some strange reason don’t seem too happy that the Federal Reserve has moved to do something about it.

On Wednesday, the Federal Reserve announced it is cutting interest rates by half a percentage point. It’s the first cut since 2020 and a long-awaited decrease to historically high interest rates.


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  • grue@lemmy.world
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    14 hours ago

    He’s trying to destroy the meaning of the term just before him and his MAGA flying monkeys commit massive actual election interference.

    • InverseParallax@lemmy.world
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      2 hours ago

      He’s panicking.

      If the race is close, he can make a play to cause enough violence to reverse the result, like in 2000.

      But if it’s an embarrassing blowout? His fat ass is going to jail.

      • grue@lemmy.world
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        12 minutes ago

        This isn’t panic. Stealing power through sabotage and violence has been the plan for over four years. It’s what all of MAGA’s efforts have been put towards (cultivating fascist paramilitaries, corrupting the judiciary, infiltrating the elections bureaucracy with zealots, etc.). Hell, just look at Trump’s campaigning: he’s spent absolutely fuck-all effort trying to broaden his appeal to win more votes, but lots of effort trying to radicalize his base to coup for him.

        He will make a play to seize power through violence, regardless of what the poll results are. That is his primary, intended, planned path to victory.