Trump calls the idea of “affordability” a hoax. Nonetheless, he pressured the Fed to fix it. It's just one example of Trump prizing loyalty over economic expertise.
This episode was produced by Miles Bryan and Dustin DeSoto, edited by Jolie Myers, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Noel King.
President Donald Trump during an event on inflation in Mount Pocono, Pennsylvania. Photographer: Adam Gray/Bloomberg via Getty Images. 
Listen to Today, Explained ad-free by becoming a Vox Member: vox.com/members. New Vox members get $20 off their membership right now. Transcript at ⁠vox.com/today-explained-podcast.⁠ Learn more about your ad choices. Visit <a href="https://podcastchoices.com/adchoices">podcastchoices.com/adchoices</a>

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