2min chapter

Macro Musings with David Beckworth cover image

Stephen Miran on Activist Treasury Issuance and the Monetary Policy Implications of a Second Trump Term

Macro Musings with David Beckworth

CHAPTER

Evaluating Proposed Changes to Federal Reserve Governance

This chapter explores proposed changes to the Federal Reserve's structure, specifically the involvement of the President in interest rate decisions. The hosts express skepticism about claims regarding attempts to undermine the Fed's independence, underscoring the necessity of preserving its autonomy.

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