Trump is meeting with an ex-bank CEO who wants to abolish the Federal Reserve and return to the gold standard

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Trump is meeting with an ex-bank CEO who wants to abolish the Federal Reserve and return to the gold standard

Trump is meeting with an ex-bank CEO who wants to abolish the Federal Reserve and return to the gold standard

Business Insider-

As President-elect’s Donald Trump’s transition rolls on, more and more attention is being paid to possible selections for a variety of high-ranking positions and meetings that might help decide these appointments.

On Monday, Trump will meet with John Allison, the former CEO of the bank BB&T and of the libertarian think tank the Cato Institute.

There have been reports that Allison is being considered for Treasury secretary.

Trump’s has on the campaign trail questioned the future of the Federal Reserve’s political independence, but Allison takes that rhetoric a step further. While running the the Cato Institute, Allison wrote a paper in support of abolishing the Fed.

[BUSINESS INSIDER]

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