Donald Trump's allies have drafted plans to curb the Federal Reserve’s independence, should Trump win a second term. WSJ’s <a href="https://www.wsj.com/news/author/andrew-restuccia">Andrew Restuccia</a> unpacks the proposals, which include giving the president a say in interest-rate decisions.

Further Reading:
-<a href="https://www.wsj.com/economy/central-banking/trump-allies-federal-reserve-independence-54423c2f">Trump Allies Draw Up Plans to Blunt Fed’s Independence</a> 
-<a href="https://www.wsj.com/politics/policy/inflation-biden-trump-2024-election-026e7499">Why Inflation Is Biden’s Most Stubborn Political Problem</a> 
-<a href="https://www.wsj.com/economy/central-banking/why-high-interest-rates-could-be-here-for-the-long-run-c6670448">Even If the Fed Cuts, the Days of Ultralow Rates Are Over</a> 

Further Listening:
-<a href="https://open.spotify.com/episode/6yF41HCyaCJiZlUxadwC9M?si=eDEpGP3kS7GqTno00o8laA">Why the Fed Is Steering Away From Rate Cuts</a> 
-<a href="https://open.spotify.com/episode/3u3spbGYKd9IlYnpKeTE2I">The Man Who Waged War on Inflation</a> 
-<a href="https://open.spotify.com/episode/0oTgioxBZnMDJLaRgC0p9D">The President, the Fed, and the Cut</a> 
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Trump Allies Draft Plans to Rein in the Fed

The Journal.