America has a choice to make: Do we go back to the policies of Ronald Reagan or of Herbert Hoover? By Phil Gramm and Donald J. Boudreaux Sept. 25, 2025 5:30 pm ET Since President Trump announced “Liberation Day” in April by imposing the highest average tariff rates in 90 years,...
Read more
Monthly Archives: September 2025
WSJ-Trump, Lisa Cook and the Federal Reserve’s Independence
The central bank differs from other agencies in that the power to coin money belongs to Congress. By Phil Gramm By Jeb Hensarling Sept. 3, 2025 11:49 am ET The Constitution gives Congress the power to coin money and regulate its value. Congress, in fulfilling that delegated responsibility, created the Federal...
Read more