The Fed was designed to be insulated from politics to maintain the stability and credibility of our financial system.
The President is breaking the law, abusing his power, setting a dangerous precedent, and undermining our economy.
The Fed was designed to be insulated from politics to maintain the stability and credibility of our financial system.
The President is breaking the law, abusing his power, setting a dangerous precedent, and undermining our economy.
It seems like you should be talking about connecting the dots - he wants the Fed to cut rates to goose the tanking economy and this is his way to force it. If he can (still in doubt) remove current governors and replace with loyalists, it will be catastrophic.
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