Allies of former President Donald Trump are reportedly drafting a 10-page document aimed at reducing the independence of the Federal Reserve should Trump win a second term. These plans include potentially positioning Trump as an 'acting' member of the central bank's board, with the ability to influence interest rate decisions and possibly remove the Fed Chair. The proposals also suggest giving the Treasury a more significant oversight role and requiring the Fed to align its policies with the administration's goals. Amidst a deep divide among his advisers, this move has sparked concerns about the potential erosion of the central bank's autonomy, a cornerstone of its ability to manage monetary policy effectively.
⚠️Trump Allies Draw Up Plans to Blunt Fed’s Independence https://t.co/LlSKHjrb0j
Former Federal Reserve Board Special adviser Andy Levin discusses a report from the Wall Street Journal that Trump allies are considering plans to remodel the Federal Reserve: https://t.co/ihLcokqSZk
If reelected, Trump could seek greater control over Federal Reserve: The Wall Street Journal reported that allies of former President Donald Trump are looking to make the Federal Reserve less independent. https://t.co/sIuzHPmf72
JUST IN: 🇺🇸 Donald Trump's allies plan to reduce the Federal Reserve's independence if he wins 2024 election - Wall Street Journal https://t.co/Cjwc44Yznc
⚠️ EXPLAINER-HOW TRUMP COULD INFLUENCE THE MAKEUP OF THE FED Full Story → https://t.co/pBoVx2nCBi Donald Trump's allies are reported to be drafting proposals to erode the Federal Reserve's independence if the presumptive Republican presidential nominee regains the White… https://t.co/gMLvMYjtGS
Donald Trump's allies are quietly drafting proposals that would attempt to erode the Federal Reserve's independence if the former president wins a second term, with some advisers arguing that the president should be consulted on interest-rate decisions, per WSJ.
Trump wants to limit the power of the Federal Reserve if elected for a second term. His allies are drawing up plans to make him an “acting” central bank board member with the power to remove the chair and require that the Fed align its policy with his administration’s goals.… https://t.co/TCAwYXVdFf
Trump wants to limit the power of the Fed Reserve if elected for a second term. His allies are drawing up plans to make him an “acting” central bank board member with the power to remove the chair and require that the Fed align its policy with his administration’s goals. The… https://t.co/moykNiVkNq
Reminds me of Latin America: Trump’s allies are quietly drafting proposals to attempt to erode the Federal Reserve’s independence if he wins in November. There's a deep divide among his advisers over how to challenge the central bank’s authority. https://t.co/l4dYl5Uinl @WSJ
Trump allies reportedly drafting plans to erode Fed’s independence if former president re-elected https://t.co/A2phWcFtJS
Reporting from @AndrewRestuccia & co on Trump allies’ sweeping plans for the Federal Reserve https://t.co/DUoM7gugmU
Economists react to Trump possibly curbing Fed’s independence: ‘Bad idea of all bad ideas’ https://t.co/Lie6OcyNXT
Trump’s political operatives are putting together a plan that would give him unprecedented influence over the Federal Reserve, including a provision that could make him an “acting” central bank board member, according to a report from The WSJ. https://t.co/ybALzh1Sq2 https://t.co/5XpmeOOFQt
Trump allies are drawing up plans to make the Fed less independent, report says https://t.co/TrO8MTB4Er
Reminds me of Latin America: Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if he wins a second term. There's a deep divide among his advisers over to challenge the central bank’s authority. https://t.co/133ZBX7bGG
Donald Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if the former president wins a second term https://t.co/WqZBxPaH0D via @WSJ
🚨🚨🚨🚨🚨Trump’s allies are drafting proposals to erode Fed independence if he wins a second term. If you don't like inflation (among other terrible economic outcomes), this should be a 5-alarm fire https://t.co/H9SS8t7Tqx
GIFT LINK🎁: Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if he wins a second term. https://t.co/F3dHwTxqse
FED independence up in the air? "Treat the president as an ex officio member of the central bank’s rate-setting committee. Under such an approach, the chair would regularly seek Trump’s advice..." Trump Allies Draw Up Plans to Blunt Fed’s Independence https://t.co/1yMETDwxy9
Trump advisers draft document to reduce Fed’s independence - WSJ https://t.co/Xl9APVG2on https://t.co/ydwiglx5or
Trump allies have created a 10-page doc on blunting the Fed's independence, including by giving Treasury a muscular role in oversight and giving the president a role on setting interest rates, per @AndrewRestuccia, @NickTimiraos + @learyreports https://t.co/OAZc5mODMT
Trump allies quietly drafting proposals that would attempt to erode the Federal Reserve’s independence. Noting the President himself should play a role in setting interest rates. Follow: @AFpost https://t.co/xofco9KXjU
⚠️ TRUMP ALLIES DRAFTING PLANS TO ERODE FED'S INDEPENDENCE, WSJ REPORTS Full Story → https://t.co/h76O6eIWiS The allies of Republican presidential candidate Donald Trump are drafting proposals that would attempt to erode the Federal Reserve's independence if he wins, the Wall… https://t.co/N3epaCNasb
❖ TRUMP ALLIES DRAW UP PLANS TO BLUNT FED’S INDEPENDENCE Donald Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if the former president wins a second term, in the midst of a deepening divide among his advisers over…
(WSJ) - Donald Trump's allies are quietly drafting proposals that would attempt to erode the Federal Reserve's independence if the former president wins a second term, in the midst of a deepening divide among his advisers over how aggressively to challenge the central bank's… https://t.co/uqYkYt3D9L
Trump Allies Draw Up Plans to Blunt Fed’s Independence - WSJ https://t.co/UfbIpdB64J
Trump advisors are considering plans to dramatically revamp the Fed, WSJ report says https://t.co/0AKpxGumUR
Donald Trump’s allies are quietly drafting proposals that would attempt to erode the Federal Reserve’s independence if the former president wins a second term https://t.co/CwDvrrjaYx via @WSJ 👀 https://t.co/d5Zp8uk8Am
Trump Allies Draw Up Plans to Blunt Fed’s Independence Some Trump advisers argue that the president should be consulted on interest-rate decisions https://t.co/0AiqqUyj4y
Wow. "Trump Allies Draw Up Plans to Blunt Fed’s Independence" @wsj https://t.co/HvvgBIzbDx
Exclusive: Trump’s allies are quietly drafting proposals aimed at eroding the Federal Reserve’s independence if the former president wins a second term https://t.co/FoVJh3VUOZ https://t.co/FoVJh3VUOZ
More wannabe authoritarianism from Trump and the right. Trump Allies Draw Up Plans to Blunt Fed’s Independence - The Wall Street Journal https://t.co/jlndba3OWu
Trump Allies Draw Up Plans to Blunt Fed’s Independence https://t.co/wA9Bu5TQ6C
Several people who have spoken with Trump about the Fed said he wants someone in charge of the central bank who will, in effect, treat him as an ex officio member of the central bank’s rate-setting committee. @AndrewRestuccia @learyreports https://t.co/u6jE950kPo
Trump Allies Draft Plans to Blunt Fed's Independence, Sources Say -- WSJ Proposal Calls for Trump to Play Role in Setting Interest Rates if Elected -- WSJ Some Trump Allies Want Him to Oust Powell as Fed Chair if Elected -- WSJ