GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.
However, fulfilling his campaign promise could prove more difficult now that he will take office this month.
The advisory commission would seek to identify and eliminate wasteful government spending.
In addition, Trump proposed ending federal taxes on tip income, overtime pay, andSocial Security benefits.
Economists said the move would increase costs on everyday items and cause countries to retaliate by taxing U.S. exports.
That will createtemporary economic disruptionsthat will increase the prices of impacted goods.
However, the Federal Reserve was designed to oversee the nations monetary policy without political interference.
The President should recognize the importance of anindependent central bank, Winegarden said.
The President should support the Fed adopting a rule-based approach to monetary policy.
Therefore, mass deportations could result in higher agricultural production and food prices.
More From GOBankingRates
Share This Article:
The Latest inMoney
