Trump Allies Are Drafting Plans to Erode the Fed’s Independence: WSJ

• Allies of former president Trump are drafting plans to chip away at the independence of the Fed, The Wall Street Journal reported.
• Trump has not publicly acknowledged the plan, but sources said it has his blessing.
• The plan also suggests Trump could fire Jerome Powell before his term ends in 2026. 

Donald Trump’s allies have secretly mapped out a plan to give the Republican candidate more control over the Federal Reserve if he wins a second term, a move that would chip away at the long-standing independence of the US central bank, The Wall S