President Donald Trump made another pitch to the Federal Reserve to lower interest rates, this time saying that doing so could help the US pay down its burgeoning national debt, reports CNBC.
In a tweet Tuesday morning, the president said again said the central bank should cut its key lending rate so it’s more in line with that of its global peers.
However, he extended the argument this time to note that cheaper debt could mean a reduction in the national red ink.
Trump urged the Fed to “get smart” and “make our interest competitive” with other countries.
“We would then focus on paying off & refinancing debt!” he wrote.