Breaking: Some additional interesting pushback on the @WSJ story re @realDonaldTrump and the @federalreserve from people close to the campaign. I’ve been told economic advisers to Trump see the general approach to the Fed will be largely shaped by @Heritage ie a “rules based” approach to monetary policy as opposed to what we see now with politicization of Fed policy from the left. Obviously Trump is a wild card but the people he will need to surround himself with are talking the so called “Taylor Rule,” where Fed adjusts rates based almost entirely on inflation, GDP etc Story developing
@CGasparino @WSJ @realDonaldTrump @federalreserve @Heritage Best #financial post you will see all day! #federalreserve has become completely political all while the #treasury is a #weaponized subsidiary of the #departmentofdefense and #abortion industry.