Analysis: Trump's unshackled presidency puts him at the center of the economy

President Trump's second term has been defined by an unprecedented consolidation of executive authority. By directly intervening in oil markets and exerting public pressure on the Federal Reserve to lower interest rates, the administration has fundamentally altered the traditional independence of economic institutions. This centralization of power comes amid a deepening military confrontation with Iran, which has sent shockwaves through global energy markets and raised fears of a broader regional conflict. Analysts suggest that the 'unshackled' nature of the presidency has made the Oval Office the primary driver of both domestic economic policy and global geopolitical stability, creating a new era of risk and volatility.