Russ Vought

No, because they're wrong, and they've been wrong for decades, right? Right. Let's go to zero interest rates for 11 years, see what happens. And see what happens. So President Trump hasn't run on that, and so I'm not going to speak.

No, because they're wrong, and they've been wrong for decades, right? Right. Let's go to zero interest rates for 11 years, see what happens. And see what happens. So President Trump hasn't run on that, and so I'm not going to speak.

No, and to give you an example, if you go on TV, if you were watching news, you're going to have seen in the last two years Ads saying oppose the Fed's regulations on capital, bank capital. Right. Well, who are they supposed to call? They're not calling a congressman. Congressman has no power. The issue is like the call to action is against the Fed. Right. Well, sorry, you're kind of out of luck.

No, and to give you an example, if you go on TV, if you were watching news, you're going to have seen in the last two years Ads saying oppose the Fed's regulations on capital, bank capital. Right. Well, who are they supposed to call? They're not calling a congressman. Congressman has no power. The issue is like the call to action is against the Fed. Right. Well, sorry, you're kind of out of luck.

No, and to give you an example, if you go on TV, if you were watching news, you're going to have seen in the last two years Ads saying oppose the Fed's regulations on capital, bank capital. Right. Well, who are they supposed to call? They're not calling a congressman. Congressman has no power. The issue is like the call to action is against the Fed. Right. Well, sorry, you're kind of out of luck.

There is no lever, right? And so they have existed with this notion that they have this priestly ability to make decisions. And in fact, I don't actually think they're that good at it. I think people like President Trump are, in fact, better at it. And there's no reason that they should be exempt from the normal democratic process.

There is no lever, right? And so they have existed with this notion that they have this priestly ability to make decisions. And in fact, I don't actually think they're that good at it. I think people like President Trump are, in fact, better at it. And there's no reason that they should be exempt from the normal democratic process.

There is no lever, right? And so they have existed with this notion that they have this priestly ability to make decisions. And in fact, I don't actually think they're that good at it. I think people like President Trump are, in fact, better at it. And there's no reason that they should be exempt from the normal democratic process.

And if Congress wants to come along and pass rules, it says, you know, this is how we want the money supply to go. All of that is in their purview. But I think, you know, this is not some exception to the rule. Doesn't mean in any way that, you know, President Trump has any interest in doing anything in this area.

And if Congress wants to come along and pass rules, it says, you know, this is how we want the money supply to go. All of that is in their purview. But I think, you know, this is not some exception to the rule. Doesn't mean in any way that, you know, President Trump has any interest in doing anything in this area.

And if Congress wants to come along and pass rules, it says, you know, this is how we want the money supply to go. All of that is in their purview. But I think, you know, this is not some exception to the rule. Doesn't mean in any way that, you know, President Trump has any interest in doing anything in this area.

But I don't think it's the exception that proves the rule on independence being something that is important. downstream to the CDC, the NIH. I think everything that people like Bobby Kennedy have been running on and others is about, no, you're not some priestly role. You are politicians yourself. You just don't have to face voters, right? So independence is, I think, first and foremost.

But I don't think it's the exception that proves the rule on independence being something that is important. downstream to the CDC, the NIH. I think everything that people like Bobby Kennedy have been running on and others is about, no, you're not some priestly role. You are politicians yourself. You just don't have to face voters, right? So independence is, I think, first and foremost.

But I don't think it's the exception that proves the rule on independence being something that is important. downstream to the CDC, the NIH. I think everything that people like Bobby Kennedy have been running on and others is about, no, you're not some priestly role. You are politicians yourself. You just don't have to face voters, right? So independence is, I think, first and foremost.

Number two, bring back the notion of impoundment. And this is something that- Of what? Of impoundment, the ability to not spend money. For 200 years, presidents had the ability to not spend a congressional appropriation. That has always been the constitutional system. It had been brought, it had been a paradigm that had been brought from the UK and how we understood

Number two, bring back the notion of impoundment. And this is something that- Of what? Of impoundment, the ability to not spend money. For 200 years, presidents had the ability to not spend a congressional appropriation. That has always been the constitutional system. It had been brought, it had been a paradigm that had been brought from the UK and how we understood

Number two, bring back the notion of impoundment. And this is something that- Of what? Of impoundment, the ability to not spend money. For 200 years, presidents had the ability to not spend a congressional appropriation. That has always been the constitutional system. It had been brought, it had been a paradigm that had been brought from the UK and how we understood

The constitutional principle is certainly power of the purse means that Congress gets to set the ceiling. You can't spend without a congressional appropriation, but you weren't ever meant to be forced to spend it, and it has become a floor. So 200 years, presidents are using impoundment. They get money for something.

The constitutional principle is certainly power of the purse means that Congress gets to set the ceiling. You can't spend without a congressional appropriation, but you weren't ever meant to be forced to spend it, and it has become a floor. So 200 years, presidents are using impoundment. They get money for something.

The constitutional principle is certainly power of the purse means that Congress gets to set the ceiling. You can't spend without a congressional appropriation, but you weren't ever meant to be forced to spend it, and it has become a floor. So 200 years, presidents are using impoundment. They get money for something.