Trump’s plan to rein in agencies sparks alarm for the Fed
By Victoria Guida and Sam Sutton
The Trump administration has made clear it will not directly interfere with the Federal Reserve’s ability to set interest rates. Almost everything else at the central bank is potentially on the table….“There are many different avenues to affect monetary policy without direct hands on the wheel,” said Karen Petrou, the managing partner of Federal Financial Analytics. “The Fed — since 2008 — has significantly broadened and altered the way it transmits monetary policy.”…
https://www.politico.com/news/2025/02/21/trumps-plan-federal-reserve-00205526