Jason talks about this week's Fed meeting and the comments President Trump, VP Pence and other key Trump administration people have made about rate cuts of up to 1% asap along with implementing QE because inflation is low. This week the Fed decided not to cut rates. Three's A Charm: Fed Keeps Rates Unchanged For Third-Straight Meeting This Year https://www.forbes.com/sites/jjkinahan/2019/05/01/threes-a-charm-fed-keeps-rates-unchanged-for-third-straight-meeting-this-year/#6905429794a3 1) With S&P At All Time Highs, Trump Demands Fed Slash Rates By 1% As FOMC Meeting Begins https://www.zerohedge.com/news/2019-04-30/trump-demands-fed-slash-rates-1-fomc-meeting-begins 2) Vice President Pence says the Fed should cut interest rates, reconsider its dual mandate policy https://www.cnbc.com/2019/05/03/vice-president-pence-says-the-fed-should-consider-lowering-interest-rates-because-of-low-inflation.html 3) The Big Short's Steve Eisman: Canada's bank CEOs 'extremely ill-prepared' for credit cycle https://youtu.be/B1WhlQxTVlQ 4) How Richard Nixon Pressured Arthur Burns: Evidence from the Nixon Tapes https://www.aeaweb.org/articles?id=10.1257/jep.20.4.177 Please visit the Wall St for Main St website here: http://www.wallstformainst.com/ Follow Jason Burack on Twitter @JasonEBurack Follow Wall St for Main St on Twitter @WallStforMainSt Commit to tipping us monthly for our hard work creating high level, thought proving content about investing and the economy https://www.patreon.com/wallstformainst Also, please take 5 minutes to leave us a good iTunes review here! We only have about 44 5 star iTunes reviews and we need to get to our goal of 100 5 star iTunes reviews asap! https://itunes.apple.com/us/podcast/wall-street-for-main-street/id506204437 If you feel like donating fiat via Paypal, Bitcoin, Gold Money, or mailing us some physical gold or silver, Wall St for Main St accepts one time donations on our main website. Wall St for Main St is also available for personalized investor education and consulting! Please email us to learn more about it! If you want to reach us, please email us at: [email protected] **DISCLAIMER- ANYTHING MENTIONED DURING THIS AUDIO OR SHORT VIDEO RECORDING IS FOR INFORMATION & EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE INVESTMENT ADVICE. JASON BURACK AND HIS GUESTS ARE MERELY STATING THEIR OPINIONS ON DIFFERENT TOPICS RELATED TO INVESTING, THE ECONOMY, MARKETS OR COMPANIES. PLEASE TALK TO YOUR INVESTMENT ADVISOR AND DO ADDITIONAL RESEARCH AND DUE DILIGENCE ON YOUR OWN BEFORE INVESTING AND MAKING IMPORTANT INVESTMENT DECISIONS.- DISCLAIMER**