Trump Says Presidents Should Have a Say on Setting Interest Rates; 2,500 Detroit Autoworkers Laid Off | Business Matters Full Broadcast (Aug. 9)

Former President Donald Trump says that, if he is reelected, he should have a say in the Federal Reserve’s interest rate decisions—a policy that impacts the world economy.

Automotive company Stellantis is laying off almost 2,500 factory workers from an assembly plant outside of Detroit. The automaker is ending production of the Ram 1500 Classic truck. The layoffs will be effective as early as Oct. 8, the company said.