Trump Allies Draft Plans to Reduce Fed's Independence, Raise Concerns on Nostr: Federal Reserve Emphasizes Political Independence Amid Presidential Campaign ...
Federal Reserve Emphasizes Political Independence Amid Presidential Campaign
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#6e491e74 ver:0.33
The Federal Reserve emphasizes its political independence amid the presidential campaign, as real estate tycoon Grant Cardone supports Trump's proposal to control the Fed. However, economists and lawmakers express concern about eroding the Fed's independence. Fed Chair Jerome Powell assures that the upcoming election won't sway policy choices and highlights the importance of independence for financial stability. The White House defends the Fed's independence, emphasizing its role in controlling inflation. The Fed releases a report emphasizing the need for independence and seeks support in Congress. President Biden re-nominates Powell, who is not focused on the potential threat to independence if Trump is re-elected. #FederalReserve #Independence #PresidentialCampaign...
#newstr #FederalReserve #JeromePowell #CentralBankIndependence #MonetaryPolicy #Economy #PoliticalPressure #Inflation
https://here.news/story/6e491e74?ver=0.33
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#6e491e74 ver:0.33
The Federal Reserve emphasizes its political independence amid the presidential campaign, as real estate tycoon Grant Cardone supports Trump's proposal to control the Fed. However, economists and lawmakers express concern about eroding the Fed's independence. Fed Chair Jerome Powell assures that the upcoming election won't sway policy choices and highlights the importance of independence for financial stability. The White House defends the Fed's independence, emphasizing its role in controlling inflation. The Fed releases a report emphasizing the need for independence and seeks support in Congress. President Biden re-nominates Powell, who is not focused on the potential threat to independence if Trump is re-elected. #FederalReserve #Independence #PresidentialCampaign...
#newstr #FederalReserve #JeromePowell #CentralBankIndependence #MonetaryPolicy #Economy #PoliticalPressure #Inflation
https://here.news/story/6e491e74?ver=0.33