Kevin Warsh is right that the Fed needs serious reform. Here are five concrete policy proposals that will help ensure sound monetary policy.

This policy is illogical and will harm Americans, their employees, employers, and family members. It will drive talented people to other countries and make America a less competitive place for business. 

If Trump’s settlement stands, future presidents will have a roadmap for turning lawsuits into spending programs and political grievances into taxpayer-financed payouts.