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346 points Kye | 1 comments | | HN request time: 0.203s | source
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shortrounddev2 ◴[] No.45016842[source]
We should have something like the federal reserve, but for trade policy. A board of governors nominated and confirmed by the senate in 8 year rotations. Politicians cannot be trusted to craft economic policy. I am dubious that they should be crafting fiscal policy either since theyve shown they cant be trusted with that either
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1. the_gastropod ◴[] No.45016996[source]
It wouldn’t matter. The Supreme Court has allowed this administration to do whatever they want within the executive branch with the very narrow exception of messing with the Federal Reserve. And tariffs are squarely under congressional authority, but the party currently controlling congress has decided to cede that power to the president.