President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn't necessarily lead to lower borrowing costs for consumers. In fact,

President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU economist.

In his first term, President Donald Trump toyed with ousting Jerome Powell out of anger that the Federal Reserve chair was moving too slowly to cut interest rates. Trump refrained from doing so, but continued to publicly attack Powell and his colleagues for keeping borrowing costs too high.