Trumponomics: Will the White House wage war on the Fed?

President Trump has accused the Federal Reserve of causing and failing to stop inflation. Instead, Trump says he will take care of the issue by producing more energy and boosting US manufacturing. Will the next four years see a confrontation between the Fed and the White House? We ask Chicago Booth’s Randy Kroszner—a former member of both the President’s Council of Economic Advisers and the board of the Federal Reserve—if the Fed and the White House are on a collision course.