Trump Advocates for Federal Reserve Rate Discussions Amid Cannabis Stock Surge

Donald Trump has expressed a desire to have a role in discussions about Federal Reserve interest rates, stating, "I think my voice should be heard" due to his past success and financial acumen. He highlighted the importance of re-evaluating the Fed's approach to interest rates, indicating a broader interest in monetary policy as he anticipates the selection of a new Fed chair.

Concurrently, cannabis stocks experienced significant gains, with companies like Tilray Brands and Canopy Growth seeing increases of over 44 and 53 percent, respectively, following reports that Trump may advocate for the rescheduling of marijuana to a lower regulatory classification.

This move would potentially ease federal restrictions, although it would not legalize cannabis outright. The surge in cannabis stocks reflects investor optimism amidst these discussions, as Trump had recent conversations with key figures, including House Speaker Mike Johnson and Health Secretary Robert F.

Kennedy Jr., about loosening federal marijuana regulations. No final decisions have been made yet, but news outlets speculate that an executive order could be forthcoming soon, further influencing market movements.