In Focus delivers deeper coverage of the political, cultural, and ideological issues shaping America. Published daily by senior writers and experts, these in-depth pieces go beyond the headlines to give readers the full picture. You can find our full list of In Focus pieces here.

Whether President Donald Trump can wrest control of the Federal Reserve is an open, century-old legal question about the president’s power and the ostensible independence of the central bank. But in testing the bounds of the executive branch’s legal power over monetary policy, Trump may very well find that he has pushed its economic power to its limits.