By attacking the Federal Reserve’s independence, President Trump is putting the economy in danger — and attacking yet another qualified Black leader. The post Trump’s Attacks on the Fed Fit a Troubling Pattern appeared first on OtherWords.| OtherWords
It won’t work, but it sure will rattle the economy.| The American Prospect
President Donald Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts.| AP News
The U.S. president's penchant for self-harm offers opportunity for stable democracies—if their leaders don't waste it| The Logic
It would be unusual for all of the other board members to serve out their entire terms, but if they did, then five of the six current members would remain in office beyond the end of Trump’s second…| Economist Writing Every Day
Today on TAP: Trump didn’t give a reason for firing other members of independent agencies. Roberts can say he gave one here.| The American Prospect
The Federal Reserve Board was set up to be free from political interference so that it could engage in the uncertain art of steering the economy without regard to the needs and desires of elected officials. Board members are appointed by the president to staggered 14-year terms and confirmed by the Senate. But now Donald … Continue reading "Andrew Jackson redux? Trump’s attacks on the Fed echo a predecessor’s ruinous bank veto."| Media Nation