The executive order is particularly challenging for the central bank because its insulation from short-term politics helps give it credibility in financial markets.

Elon Musk is keen on auditing the Federal Reserve, the independent agency that makes critical decisions on interest rates that reverberate throughout the US economy.

The Fed board, he said, should resist initiatives that impede effective supervision by discouraging examiners to flag issues ...

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.