Trump and his allies have floated an array of ideas that have raised worries that Federal Reserve independence could be compromised if the GOP nominee wins.
Donald Trump and his allies have floated ideas suggesting that Federal Reserve independence could be compromised if the GOP nominee wins, from
"The fact is that the Federal Reserve brought the interest rates down a little too quickly," he told the Detroit Economic Club Thursday. "Everyone knows that was a political maneuver that they tried to do before the election," he added. He called him "one of the top analysts on Wall Street" during the Detroit Economic Club stop this week.They range from changes to how the Fed intervenes in the economy to institutional changes "to take the monetary steering wheel out of the Federal Reserve's hands and return it to the people."
The Project 2025 proposal would force a winding down of the Fed's balance sheet and also limit future purchases. 'They allow the foot and the ankle to move in almost any direction that weight bearing permits,' explained Dr. Rock G. Positano.
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