Mark Cuban Argues With X Users As He Shares Trump's Old Tweet And Says Remember 2019 When Trump 'Begged The Fed For NEGATIVE INTEREST RATES'

Billionaire entrepreneur Mark Cuban stirred up debate on X (formerly Twitter) by sharing an old 2019 tweet from Donald Trump, where the former president urged the Federal Reserve to cut interest rates, even suggesting negative rates. 

Cuban used this as a reminder that despite the supposedly strong economy at the time, Trump was pushing for measures typically used during economic slowdowns, saying, “Fed was way too fast to raise and way too slow to cut!”

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Cuban's post sparked heated responses from users who misunderstood how interest rates work. One user claimed lower rates signal a strong economy, which Cuban quickly corrected, explaining that the Fed lowers rates to stimulate a struggling economy by making borrowing cheaper.

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This exchange wasn't the first time Cuban criticized Trump's policies. He has previously called out Trump's tariffs and business practices. Despite supposedly not personally disliking Trump, Cuban firmly believes Trump was – and would be – a "lousy president."

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He even mentioned that if Trump weren't running for office, he would have been happy to accept a dinner invitation Trump once extended to him while in office. However, he strongly opposes his policies and believes Trump's time in the White House was flawed.

Despite what Cuban thinks of the former President, many people believe Donald Trump did well, especially regarding the economy. During his time in office, the U.S. experienced low unemployment rates, a booming stock market and economic growth that many supporters credit to his policies.

The discussion that followed Trump’s 2019 tweet reflected people’s disagreements on his economic record as a businessman and past president.

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Cuban Vs. Trump On Tariff Policies

Cuban also recently questioned Trump's tariff policies, saying they result in higher costs for American consumers and create headaches for businesses, especially smaller ones. He aimed at Stephen Miller, one of Trump's senior advisors, over tariffs and offshoring, asking pointedly, "Does Donald Trump make products overseas? Yes or No?" —a question Miller dodged.

As the election approaches, Mark Cuban has thrown his support behind Vice President Kamala Harris, praising her for being pro-business and more moderate. He believes Harris's approach sets her apart from President Biden and Cuban has been vocal about how her economic policies match his vision for what makes a strong economy.

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