As Trump meddles with the Fed, Carney must safeguard the Bank of Canada’s independence
U.S. President Donald Trump’s monetary-policy monkeyshines are plumbing new depths. Mr. Trump has spent months calling Federal Reserve Chair Jerome Powell every name in the book, including “clown,” “nincompoop” and “major loser.” Now, his Treasury Secretary, Scott Bessent, is undermining Mr. Powell by stirring speculation about his possible successor.