The President has no control over what the fed does with interest rates.What do you think lowering the interest rate is? It’s a “parlor trick” to incentivize more borrowing to bring more money into the economy...and more debt.
With a year and a half before election and the economy plateauing...what a surprise.
DT wanted a bigger cut, and so did the market.
The market was at 18,000 when DT was elected.