How independent is the Fed, and how independent should it be? (Premium)

One of the many controversial comments made by then-candidate Donald Trump in the run-up to the US Presidential Elections was that the Federal Reserve was doing a bad job. While US Republicans have complained about the Fed in the past, the new combination of a Republican President, House and Senate means that a change in oversight may be in the works. How much new oversight are we talking about and what does that mean for the rest of us?

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