[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.msn.com/en-us/money/markets/elon-musk-wants-to-radically-reshape-who-controls-america-s-money-supply/ar-AA1tW8nn?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). As a key supporter of President-elect Donald Trump, Musk has been vocal about his desire to overhaul the Federal Reserve, even suggesting the idea of abolishing it altogether[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.msn.com/en-us/money/markets/elon-musk-wants-to-radically-reshape-who-controls-america-s-money-supply/ar-AA1tW8nn?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1"). This move could lead to significant changes in how the U.S. manages its monetary policy, potentially shifting more control to the executive branch[43dcd9a7-70db-4a1f-b0ae-981daa162054](https://www.msn.com/en-us/money/markets/elon-musk-wants-to-radically-reshape-who-controls-america-s-money-supply/ar-AA1tW8nn?citationMarker=43dcd9a7-70db-4a1f-b0ae-981daa162054 "1").
### Why This Matters:
- Economic Impact: Changes to the Federal Reserve could have far-reaching effects on the U.S. economy, influencing everything from interest rates to inflation.
- Political Influence: Musk's involvement in shaping economic policy highlights the growing influence of tech billionaires in politics.
- Market Reactions: Such proposals can create uncertainty in financial markets, affecting investments and economic stability.
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