Trump's Secret Plan to Expand Influence Over Federal Reserve Revealed

Benzinga 2024-04-26

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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 document proposing that Trump be consulted on interest rate decisions and oversee the Fed's bond-buying programs through the Treasury Department. The document suggests designating Trump as an "acting" member of the Fed's board of governors, allowing him to influence monetary policy decisions directly.

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