Trump's potential plan for Fed raises alarms

Former President Trump's potential plan to exert more influence over the Federal Reserve is alarming experts and investors.

The Wall Street Journal reported Thursday that a group of Trump allies are crafting ways to chip away at the independence of the central bank — a constant thorn in the side of the former president — should he be reelected in November. They also argue Trump would have the power to oust Fed Chair Jerome Powell, whom he appointed to the job in 2017 and then berated through most of his term...