TechFlow reports that former U.S. President Trump gave a 90-minute interview to Bloomberg Businessweek, covering a wide range of topics including the American economy and his agenda should he be re-elected. Trump stated that if re-elected, he would allow Federal Reserve Chair Jerome Powell to complete his term as Fed chair (which ends in 2026) and possibly remain as a governor until 2028, particularly if he believes Powell is doing the right thing.
On policy interest rates, he warned that the Federal Reserve should avoid cutting rates before the November election to prevent giving an economic boost to Biden.
Regarding tax cuts, Trump expressed his desire to lower the corporate tax rate from the current 21% down to as low as 15%, and he no longer plans to ban TikTok. However, if achieving a 15% rate proves too difficult, he would be satisfied with reducing it to 20%.
In addition, Trump touched upon potential candidates for Treasury Secretary, saying he could envision JPMorgan Chase CEO Jamie Dimon—reportedly considering entering politics—as someone he would consider for the role.
On the issue of presidential pardons, Trump insisted he would not pardon himself if found guilty of federal charges in the pending cases against him.
