Should the President have a role in determining interest rates?

Interest rates should be lowered, no matter what, and we should have a cap on what they can be depending on your income and what you are attempting to purchase.

I think that yes, the president should have partial say in interest rates, but not full control over them.

No, but banks should be publicly owned to ensure that monetary policy aligns itself with social welfare rather than profit

Abolition interest and make all loans capped at 2% paid back of the total loan @

Should be dependent on the House of Representatives with presidential power to choose when votes are tied

yes, but there has to be more than just a president's opinion

The federal reserve controls it.

Yes, but very limited

Yes and No depending on the president

kick him out

i dont think the government should be dealing with the peoples money as we already pay the president with taxes.

Yes, if the president shows financial responsibility and understanding of the situation

No, the president likely won’t have the proper qualifications. We have agencies, groups, and Congress for this!

No the president should not have a role in determining interest rates. But the bank should control that over them.

No, Interest rates in general should be abolished as they do nothing but create debt and make someone else richer with no work involved

I think that the president should have a little bit of a say on interest rates IF it is in the favor of the people (meaning they won't suddenly rise them and make things even more complicated)

No, his role in the economy is strictly to attain economic advice, work within constitutional means and do what they can through those limits.

The President shouldn't have the power to do so. Instead, it should be an agreed upon decision with all branches of government, or at least with the President and Congress.

Yes, but it depends on what those interest rates are, for health insurance and student loans, yes, but for cars, no.

I think the people should have a role in it since were the ones paying it and then the president or someone decides upon that.

It depends. The president should have a say, but it should be checked and audited by other officials in government positions

Yes, but limited and by the authority of congress, since according to article 1, section 8,of the fifth clause of the consitution, congress shall have the power to coin money, regulate the Value thereof, and of foreign Coin, and fix the Standard Weights and Measures.

yes, but to the extent that it helps the people and does not create conflict within the business industry

No, The government should not have an say in interest rate as they will easily have a different interest in what to invest/buy then the people who are buying it

Economists that work for the government should determine what the best interest rates for the country should fall under.

No. Very often, the president comes from a line of wealth and partakes in tax evasion or lowers taxes for the rich, leaving middle class and low class citizens struggling.

I think the interest rates should be determined by how much the price of what you are getting interest for cost

There should be a capped federal rate for interest, while banks decide to what point they will go below the cap.

No, given that the current president possesses incredibly valuable assets & large financial holdings. This enables corruption.

Maybe if they get extreme and those giving out interest rates are purposefully giving out super high rates, or if rates get really out of hand.

Yes but not the final say. They should be one of many people on a council/board to decide that question.

No - this should not even be a question it is completely outside of normal for the President to try to do this

Yes, and a moral administration would wipe away interest in this country. Usury is immoral and a sin.

NO... The President should not have a role in determining interest rates. Economic stability demands central bank independence, free from partisan pressures or electoral manipulation. Presidential involvement introduces ethical hazards, institutional fragility, and long-term economic harm. Protecting the separation of powers ensures trust in monetary governance.

No, Monetary policy needs stability, not political whim; “a just weight is God’s delight” (Prov. 11:1).

It should be entirely up to banks. I think the government should establish a limit of the most it can be but then the bank decide what they want it to be.

Yes, but both the President and the Federal Bank need to negotiate these interest rates and agree upon what to change, this should also be voted on by Congress.

It depends. If they want to use it for a good reason, then lower, but if it's used to profit themselves or the other rich, then no.

Yes, but only indirectly through recommendations or executive pressure on the agencies that control it.

Yes but with strict critical advisement from trained, specialized, knowledgeable economist and those who study the economy, Inflation, micro econ, macro econ, and know how money works and flows within this world

The President should have a role in determining interest rates as long as it is in collaboration with the federal reserve or in sever economic crisis

I can say that if there is a reason for it, it should be run through a system of sorts so it's not just raised or lowered on command.

Absolutely Not, Especially with our recent presidents, they would be so out of touch with the common man they would have no idea how they struggle

No, Neither should the FED. The market is capable and willing to adjust rates. Typically the FED just follows the market anyways

This is just plain dumb. The President shouldn't be the one handling interest, especially if that person is just not a good economist.

No, the president needs to abide by checks and balances, if he had full authority to set interest rates, what if he wanted to screw over a particular group because they were advocating for his removal from office? Banks aren’t politicians personal piggy banks

yes, the president should have partial say in interest rates or the economic aid, but not full control over them

I think they can rotate power. The president has more control during the first 2 years of election, then cedes control to the fed for last two years to avoid political maneuvers for favorable election outcomes that may be short sighted

No Just because somebody is president doesn’t mean they are the most knowledgeable in things like interest or anything checks and balances

Yes, but ultimately needs to be approved by congress. The President is to exercise the public opinion and will, not the other way around.

No. Absolutely not. Our fiat monetary system requires nonpartisan economists to keep our faith in the system strong and the valuation of our currency secure

i find this a question i am unable to provide a solid answere to but i would say no since it could be easily abusesed especially for the presidents role and there ability to mess whit new and old law, not to mention how often one thend to change president so i would say no but i am underinformed so won't put that oppinion in stone

It's a double edged sword. Yeah, it makes things simple and easier for everybody. But, knowing how some people are greedy or want to harm certain groups of people, I understand that a policy like that could do great amounts of harm.

The President should step in when needed to aid the economy however should not be the sole nor main determinant.

Congress should pass legislation to regulate interest rates as they pertain to private citizens, to avoid predatory lending.

No, no government position, agency, or institution of any kind should have the role of determining interst rates. Leave it to the free market.

The federal Reserve should be abolished and the US Treasury should make money that's backed by natural resources and should be at 0% interest and they should lend it out at 0%

While some presidents have qualification to do so and understand so, there are presidents who would exercise this in a unhealthy way I believe, but at the end of the day, yes, they should.

No, but there should be an organized effort to pass a temporary rate decrease by congress in order to help stimulate the economy and in part try to heal the housing market.

Yes, as long as it’s in the overall best interest of the American people & the economy. Lower & middle class specifically. .

yes but it would have to be approved by the people with a vote so its not just them getting a bunch of money

Yes and no. If it will benifit the country it should be heard, but if it will hurt the country then no.

The legislative branch should have the power to determine interest rates, they control money so why not let them control interest rates.

His only role in determining interest rates should be compromising with members of Congress about it.

No, but Executive and Congressional oversight of the Fexeral Reserve Board and its operations are still integral. And should be audited when necessary.

If federal reserve is bias and makes decisions based on political party and election out comes and found guilty of bias and doesn’t have the best interest for the country…yes

Abolish the Fed and end all government manipulation of interest rates whatsoever. Let the free market decide.

Yes the president should make an affordable interest rate for people because most people fall behind debt because of high interest rate

Yes, but not to an extreme level. I know that an extreme change is unlikely, but I'd like it to not be possible for a change in excess of 10% to occur in under 3 months.

No, a commission of economists should convene and discuss courses of action that benefit citizens and the nation.

No, interest rates should be a small fixed amount that is reasonable. They have gotten ridiculous that even if you have outstanding credit, you are still paying over-the-top interest rates worth way over the value of the item you are purchasing making things completely unaffordable and teaching people bad spending habits of essentially forcing people to buy things they can't afford because they will never ever be able to afford anything.

No, the President and the Federal banks should remain separate to ensure separation of powers and checks and balances.

The President might not have a direct hand in determining interest rates but rather can pass a suggestion or influence that can go through some sort of process

He should allow fracking and other sources of fuel to bring prices down, causing the fall of interest rates.

A role, but Congress should be the ultimate decider if government is going to take the role of the federal reserve

No, depending on the political affiliation of the president, he might try to rig interest rates in a certain groups favor

The president shouldn’t have a say in interest rates because his political party might try to influence him to change the rates to fit a certain group and alienate another group.

No, that is a job for Congress. The only contribution/s of the President is to either advocate for what they see fit for the future of the country or pass/veto said possible determination. That instance it being a law, which I'm not an expert so I'm unaware where this topic falls.

I think the department dedicated to adjusting the rates should be in charge. This is because if for some reason there is a corrupt president, the economy doesn't need to go bad.

The federal reserve's task is not to implement a policy, it's to regulate the economy so that it never becomes imbalanced between Inflation and Job Losses.

if it directly involves something he specializes in he should have a stance, but otherwise he should let the people do their direct job