Trump Allies Draft Plans to Reduce Fed's Independence, Raise Concerns on Nostr: The White House Defends the Independence of the Federal Reserve Against Trump's ...
The White House Defends the Independence of the Federal Reserve Against Trump's Threats
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#6e491e74 ver:0.25
The White House defends the independence of the Federal Reserve against Trump's threats. The Fed faces challenges in maintaining its separation from politics, but its independence is crucial for making decisions based on economic data. Fed Chair Jerome Powell assures that the upcoming election won't sway policy choices. However, political topics have been discussed in relation to economic impacts. The White House emphasizes the importance of central bank independence, while Trump's allies propose weakening it. Playing politics with the Fed is self-defeating and could undermine its credibility. The fear of a Trump-led Fed lies in the potential politicization of the central bank. #FederalReserve #Independence #Politics...
#newstr #FederalReserve #WhiteHouse #DonaldTrump #JeromePowell #Independence #PoliticalInterference #InterestRates #CouncilOfEconomicAdvisers
https://here.news/story/6e491e74?ver=0.25
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#6e491e74 ver:0.25
The White House defends the independence of the Federal Reserve against Trump's threats. The Fed faces challenges in maintaining its separation from politics, but its independence is crucial for making decisions based on economic data. Fed Chair Jerome Powell assures that the upcoming election won't sway policy choices. However, political topics have been discussed in relation to economic impacts. The White House emphasizes the importance of central bank independence, while Trump's allies propose weakening it. Playing politics with the Fed is self-defeating and could undermine its credibility. The fear of a Trump-led Fed lies in the potential politicization of the central bank. #FederalReserve #Independence #Politics...
#newstr #FederalReserve #WhiteHouse #DonaldTrump #JeromePowell #Independence #PoliticalInterference #InterestRates #CouncilOfEconomicAdvisers
https://here.news/story/6e491e74?ver=0.25