Donald Trump's allies are drawing up plans to dull the Federal Reserve%e2%80%99s independence if Trump wins another term, according to a WSJ report.

Among the pegs supporting the U.S. dollar's stature as the world's reserve currency, for instance, is the Fed's ability to set monetary policy on its own without political oversig

The Wall Street Journal reported that Trump's advisors are making a plan that would give Trump the authority to oust Powell from the Federal Reserve.

A second term of Donald Trump as president could see him break longstanding precedent by playing a role in setting interest rates under secret plans drawn up by his allies. Trump may also try to replace Jerome Powell as head of the Federal Reserve before his four-year term ends in 2026,

Trump's political advisors are developing plans to dramatically increase the President's influence over the Federal Reserve if Trump is re-elected in 2024. The plans are outlined in a secret 10-page

Former President Donald Trump’s political team is crafting a strategy to give him remarkable control over the Federal Reserve, as per The Wall Street Journal’s report. The plan, described as secretive,