American democracy is undergoing one of its most disruptive experiments in the modern era. In just eight months back in office, Donald Trump has unleashed a torrent of executive orders that stretch the boundaries of presidential power, reshaping the balance between the executive and Congress while reverberating across global alliances anchoring the world order.
President Donald Trump’s unprecedented drive to politicize Federal Reserve policy goes beyond domestic economic concerns. It threatens to erode American credibility on global financial markets and enables rivals to capitalize on fissures in the pillars of a dollar-based international order that anchors the world economy.
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