Biden-era appointees could stymie Trump's effort to reshape Fed
Biden-era appointees could stymie Trump's effort to reshape Fed
- August 6, 2025
- Gary Richardson, economics, Reuters, Aug. 6, 2025
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As noted in a 2024 analysis of the current system's reformation in the 1930s by Gary Richardson, an economics professor at the University of California, Irvine, and former Fed research director David Wilcox: "The record clearly reveals that Congress wanted the president's hands far from the levers of monetary policy."
For the full story, please visit https://www.reuters.com/world/us/biden-era-appointees-could-stymie-trumps-effort-reshape-fed-2025-08-06/.
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