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Would Trump Move to Control the Fed?
Allies of the former president are said to be devising plans to reduce the central bank’s independence if he is re-elected, a move that would have big consequences for monetary policy. Read More
Trump's team wants to restructure the Fed and let him have a say on interest rate decisions: WSJ
The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the authority to oust Powell from the Federal Reserve. Read More
Trump Second-Term Plan Includes Federal Reserve Coup
The reason the Federal Reserve has autonomy is that there is sometimes a tension between the economy’s short-term and long-term performance. Most famously, Richard Nixon’s Fed chairman Arthur Burns ... Read More
House Democrats call on Biden to reinstate Title 42 and ‘Remain in Mexico’ immigration policies
Five Democratic House lawmakers on Wednesday urged President Biden to reinstate Trump-era immigration policies to “bring order to the Southern border.” In a joint statement, Reps. Marie Gluesenkamp ... Read More
Trump-backing super PAC low on funds for ex-president’s legal fees
The leadership super PAC Donald Trump’s team has mainly used to cover his lawyer bills is running low on cash — after spending tens of millions of dollars in recent months. Save ... Read More
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