There’s only one way Trump can fix Powell’s opposition at the Fed

Upon taking office in January, President Donald Trump should fire Federal Reserve Chairman Jerome Powell. Trump should do so not because he has any policy dispute with the chairman, but to make clear that the Constitution makes all executive branch officials responsible to the president.  

Indeed, to preserve the constitutional legitimacy of the Federal Reserve, Powell and his fellow members of the board of governors should resign. Then, to quiet the inevitable critics, Trump should appoint...