Fed's Independence at Stake in 2026

In the year two thousand twenty-six, the Federal Reserves independence hangs in the balance as politics encroaches on its operations. The White Houses push for lower interest rates and changes to money policy, along with extreme actions like threats to fire Fed chairman Jerome Powell, raise concerns about the central banks autonomy. With a new chairman nominated by the current administration and other members positions up for grabs, the future direction and independence of the Federal Reserve are at stake.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.