The Fed Was Always a Threat—But a White House Takeover of Interest Rate Policy May Be Just as Dangerous

White House Fed takeover

Article Summary

President Trump just kicked open a door every president before him only rattled: firing a sitting Fed governor and reaching straight into the engine room of American money. The Federal Reserve—no friend to working Americans and long guilty of fueling Wall Street excess—is now on the verge of becoming something even worse: a political puppet. This isn’t about defending central bankers or bowing to technocrats. It’s about stopping the most dangerous kind of power consolidation there is—control of interest rates by a single political hand. If the White House seizes the Fed’s levers, inflation is just the beginning. What comes next is rigged money, corrupted markets, and the slow death of financial sovereignty.

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