What is to stop Trump upending the rules in global finance too?
Action against Venezuela and sabre-rattling towards Greenland point to risks in US president’s approach to the Fed
Action against Venezuela and sabre-rattling towards Greenland point to risks in US president’s approach to the Fed

The escalating conflict between the White House and the US central bank could have far-reaching consequences

The US is no longer predictable nor bound by any fundamental principles of action

Independence of US central bank is a vital anchor for the global financial system

There is no precedent of a dominant power abandoning its primacy, as Trump is doing

The tremulous response to both the Venezuela coup and his threats to Greenland reflects hard truths

A wave of new research suggests Donald Trump is taking significant risks with his assaults on the US Federal Reserve