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  • The President can propose and lobby Congress for programs and packages that are designed to affect the economy
  • The President has the power to veto economic programs, tax hikes or cuts, and expenditures that Congress passes.
  • The President appoints ( subject to Senate approval) the chairman of the federal reserve board who has great control over the money supply and interest rates.
  • The treasury, under control of the President, can take steps that affect the foreign exchange rate and affect the balance of trade and the prices of imports and exports.
  • The President can use his powers of persuasion to prevent and settle strikes in key industries , such as steel, auto, railroads, mining, etc. that affect the overall econom
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