Does The President Actually Control The U.S. Economy?

According to a survey by financial services company Empower, 50% of Americans believe that the result of the 2024 Presidential election will directly impact their personal finances. And about 99% of voters say that the economy is at least somewhat important in influencing their vote for the next president, according to Gallup. So how much influence do U.S. presidents actually have on the economy?

Correction: A previous version of this video labeled a CNBC headline as a headline from another media outlet.

Chapters:
1:06 Extent of influence
5:49 Presidential power

Produced by: Juhohn Lee
Edited by: Erin Black
Supervising Producer: Jeniece Pettitt
Additional Footage: Getty Images

» Subscribe to CNBC: https://cnb.cx/SubscribeCNBC
» Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision

About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more.

Want to earn more money at work? Take CNBC’s new online course How to Negotiate a Higher Salary. Expert instructors will teach you the skills you need to get a bigger paycheck, including how to prepare and build your confidence, what to do and say, and how to craft a counteroffer. Register now and use coupon code EARLYBIRD for an introductory discount of 50% off through Nov. 26, 2024: https://cnb.cx/4f4s3rZ

Connect with CNBC News Online
Get the latest news: https://www.cnbc.com/
Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC
Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC
Follow CNBC News on Facebook:
Follow CNBC on Threads: https://cnb.cx/threads
Follow CNBC News on X: https://cnb.cx/FollowCNBC
Follow CNBC on WhatsApp: https://cnb.cx/WhatsAppCNBC

#CNBC
#Economy

Does The President Actually Control The U.S. Economy?