Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Cable News Clips

Rhiannon12866

(206,747 posts) Sat Apr 27, 2024, 10:27 PM Apr 27

5

Trump and allies draw up plan to erode Fed's independence, WSJ reports - Velshi - MSNBC

According to a new Wall Street Journal report, Trump and his allies have drafted plans to limit the Federal Reserve’s independence and align the central bank with the administration's interests if the former president wins a second term.

Diane Swonk, Chief Economist at KPMG, joins Ali Velshi to discuss the significance of the president asserting more control over the Federal Reserve, how Trump could reshape the banks to suit his interests, and the importance of the Fed’s independence given the current interest rates and inflation. - Aired on 04/27/2024.

2 replies

= new reply since forum marked as read

Highlight:

Trump and allies draw up plan to erode Fed's independence, WSJ reports - Velshi - MSNBC (Original Post) Rhiannon12866 Apr 27 OP

K AND R (no text) Stuart G Apr 27 #1

A fascist leader must get control of all government institutions. Irish_Dem Apr 27 #2

Stuart G

(38,458 posts)

1. K AND R (no text)

Reply to Rhiannon12866 (Original post)

Sat Apr 27, 2024, 10:32 PM

Apr 27

Irish_Dem

(47,881 posts)

2. A fascist leader must get control of all government institutions.

Reply to Rhiannon12866 (Original post)

Sat Apr 27, 2024, 10:36 PM

Apr 27

Weaken them and appoint his loyalists to do his bidding.
Friends and family members are appointed to high level positions.

Reply to this discussion

Latest Discussions»Issue Forums»Cable News Clips»Trump and allies draw up ...