How Trump’s Fed Attacks Set the Stage for the Central Bank's Biggest Test | WSJ

Hey, do you have a minute. Great. I moved the desense graph up.The Fed's independence from the White House isn't set in law. It's not written in stone. It's a loose collection of norms that developed over several decades that everybody sort of agreed to abide by.But Donald Trump hasn't. He's badgered and attacked the Fed chair Jay Powell over his reluctance to lower interest rates. >> We have a a stupid person, frankly, at the Fed.>> He's gone after the Fed for spending too much money on an expensive buildi ...