Why Executive Orders Can’t Save The U.S. Economy

PUBLISHED: Wed, 02 Sep 2020 16:00:10 GMT


Executive orders are a powerful tool for presidents when they can’t come to an agreement with Congress. However, there are limitations on what a president can do, especially when it comes to the economy. After all, Congress appropriates spending and the Federal Reserve sets monetary policy. Still, a number of executive orders have influenced the economy in both positive and negative ways. Watch the video to learn more about some of Presidents Trump, Obama and Reagan’s executive orders that lef

Get the best of CNBC Africa sent straight to your inbox with breaking business news, insights and updates from experts across the continent. Sign up here.