Trump Allies Draft Plans to Rein in the Fed

Donald Trump's allies have drafted plans to curb the Federal Reserve’s independence, should Trump win a second term. WSJ’s Andrew Restuccia unpacks the proposals, which include giving the president a say in interest-rate decisions.

Further Reading:

-TrumpAllies Draw Up Plans to Blunt Fed’s Independence

-WhyInflation Is Biden’s Most Stubborn Political Problem

-EvenIf the Fed Cuts, the Days of Ultralow Rates Are Over

Further Listening:

-Why the Fed Is Steering Away From Rate Cuts

-The Man Who Waged War on Inflation

-The President, the Fed, and the Cut

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