Former President Trump’s potential plan to exert more influence over the Federal Reserve is alarming experts and investors. The Wall Street Journal reported Thursday that a group of Trump allies is crafting ways to chip away at the independence of the central bank — a constant thorn in the side of the former president —
Liz Hoffman, Semafor business and finance editor, joins 'Squawk Box' to discuss reports of Trump allies quietly drafting proposals that would attempt to erode the Fed's independence if the former president wins the 2024 election,
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