WATCH LIVE: Trump speaks at event on antisemitism in Washington, D.C.
Posted on 09/20/2024
WASHINGTON (AP) — Former President Donald Trump is attending an event on Thursday with prominent Jewish donors before addressing a gathering of the Israeli-American Council.
The event is scheduled to start at 6 p.m. ET. Watch Trump’s remarks in the player above.
Trump will be in Washington to address a “Fighting Anti-Semitism in America” evening event with Miriam Adelson, a co-owner of the NBA’s Dallas Mavericks and widow of billionaire casino magnate Sheldon Adelson, who founded the Las Vegas Sands casino and was one of the Republican Party’s largest donors.
Trump will also speak before the Israeli-American Council, a nonprofit long backed by Sheldon Adelson as well as Haim Saban, a major donor to President Joe Biden and Democratic causes. The council is holding its national convention in the weeks before the first anniversary of Hamas’ Oct. 7 attacks on Israel, which sparked the war in Gaza.
Trump has a Saturday rally set in battleground North Carolina.
Thursday’s campaign stops follow the Federal Reserve cutting its benchmark interest rate by an unusually large half-point. That marked a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.
WATCH: What the first interest rate cut in 4 years means for the Fed’s fight against inflation
With the presidential election less than seven weeks away, the move has the potential to scramble the economic landscape just as Americans prepare to vote. Campaigning in New York on Wednesday, Trump said, “I guess it shows the economy is very bad to cut it by that much, assuming they’re not just playing politics.”
Asked about potential political influence of a rate cut so close to Election Day, White House press secretary Karine Jean-Pierre said the Biden administration has been “very clear about this and very respectful of the independence of the Federal Reserve.”
“Unlike other administrations, we’ve been, I think, pretty steadfast about that, and have been continuous in making that clear,” she added, without naming Trump and his past public criticism of the Fed or his suggestions during the campaign that presidents should have more authority over the central bank.
The event is scheduled to start at 6 p.m. ET. Watch Trump’s remarks in the player above.
Trump will be in Washington to address a “Fighting Anti-Semitism in America” evening event with Miriam Adelson, a co-owner of the NBA’s Dallas Mavericks and widow of billionaire casino magnate Sheldon Adelson, who founded the Las Vegas Sands casino and was one of the Republican Party’s largest donors.
Trump will also speak before the Israeli-American Council, a nonprofit long backed by Sheldon Adelson as well as Haim Saban, a major donor to President Joe Biden and Democratic causes. The council is holding its national convention in the weeks before the first anniversary of Hamas’ Oct. 7 attacks on Israel, which sparked the war in Gaza.
Trump has a Saturday rally set in battleground North Carolina.
Thursday’s campaign stops follow the Federal Reserve cutting its benchmark interest rate by an unusually large half-point. That marked a dramatic shift after more than two years of high rates that helped tame inflation but also made borrowing painfully expensive for American consumers.
WATCH: What the first interest rate cut in 4 years means for the Fed’s fight against inflation
With the presidential election less than seven weeks away, the move has the potential to scramble the economic landscape just as Americans prepare to vote. Campaigning in New York on Wednesday, Trump said, “I guess it shows the economy is very bad to cut it by that much, assuming they’re not just playing politics.”
Asked about potential political influence of a rate cut so close to Election Day, White House press secretary Karine Jean-Pierre said the Biden administration has been “very clear about this and very respectful of the independence of the Federal Reserve.”
“Unlike other administrations, we’ve been, I think, pretty steadfast about that, and have been continuous in making that clear,” she added, without naming Trump and his past public criticism of the Fed or his suggestions during the campaign that presidents should have more authority over the central bank.
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