{
    "title": "GOP Congressman Jim Renacci on the Fed\u2019s Quarter-Point Rate Cut",
    "modified_at": "2025-12-11 14:11:05",
    "published_at": "2025-12-11 14:11:00",
    "url": "https://special-guests.prezly.com/gop-congressman-jim-renacci-on-the-feds-quarter-point-rate-cut",
    "short_url": "http://prez.ly/tK2d",
    "culture": "en",
    "language": "EN",
    "subtitle": "Former Republican Congressman Jim Renacci, who served on the House Ways & Means Committee and the House Budget Committee, remains one of the very few Republicans willing to offer a candid counterpoint to President Trump\u2019s economic policies.\r\n\r\nBecause he holds no political office and has nothing to fear, Renacci says what others won\u2019t \u2014 and his forthrightness may encourage more Republicans to step forward, paving the way for a more reasoned approach to tariffs and, ultimately, helping tame inflation.\r\n\r\n\nRenacci\u2019s Statement/ Media opportunity\r\n\r\u201cThe Federal Reserve\u2019s quarter-point rate cut may sound encouraging, but it will do little to help families who are still feeling real economic pressure.\r\n\r\n\rThe Fed raised rates earlier because inflation was beginning to surge, even though Administration statisticians tried to present the numbers as harmless. Prices were rising sharply, driven in part by wild swings in tariff policy. Using tariffs strategically can be smart, but weaponizing them with sudden, unpredictable shifts creates unnecessary instability \u2014 and American consumers were stuck with the bill.\r\n\r\n\rNow the Fed is trimming rates slightly \u2014 not because the economy is on solid footing, but because it is trying to unwind the consequences of those earlier disruptions.\r\n\r\n\rWhat\u2019s even more troubling is that this cut is happening while the Administration still refuses to provide a clear, honest picture of inflation. When the President won\u2019t report accurate economic data, the Fed is forced to make decisions in the dark. That does not inspire confidence, nor does it help American households.\r\n\r\n\rA quarter-point cut doesn\u2019t reverse rising prices. It doesn\u2019t restore lost purchasing power. And it doesn\u2019t fix the erratic policy mix that helped create the problem. Until Washington delivers honesty, transparency, and steady leadership, these small adjustments will remain symbolic rather than substantive.\u201d\r\n\r\n\r\r\u2014 Jim Renacci\r\n\r\n\r\n\rMedia Contact\r\n\r\n\rJerry McGlothlin\r\n\r\nSpecial Guests\r\n\r\n 919-437-0001\r\n\r\n jerry@specialguests.com",
    "slug": "gop-congressman-jim-renacci-on-the-feds-quarter-point-rate-cut",
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