Summary
President Donald Trump is using creative financial strategies to fund his policy goals without needing Congress's approval. He is using government entities like Fannie Mae and Freddie Mac to access funds, aiming to lower mortgage rates and support other initiatives. These actions are unconventional and bypass the typical congressional process.
Key Facts
- President Trump is looking for ways to spend money without involving Congress.
- He is using $200 billion from Fannie Mae and Freddie Mac for mortgage bonds.
- $20 billion from a Treasury fund was used for Argentina.
- Critics say these methods are unusual and lack congressional oversight.
- The White House says Trump's actions support an "America First" agenda.
- There is concern about long-term consequences of using Federal Reserve funds this way.
- Trump aims to avoid increasing the deficit or raising taxes.
