The Impact of Presidential Pressure on the Federal Reserve
TL;DR Summary
The article discusses President Trump's efforts to influence the Federal Reserve, including threats and attempts to control interest rates, drawing parallels to historical instances like Nixon's pressure on the Fed. It highlights the importance of the Fed's independence for economic stability and warns of potential chaos if political interference continues, emphasizing the role of the judiciary in safeguarding these institutions.
- Here’s What Happened the Last Time a U.S. President Bullied the Fed Like Trump Slate
- What Trump’s Fed pressure campaign is really about CNN
- I can take or leave central bank independence, frankly Financial Times
- The Fed Is Dead, Long Live The Fed Forbes
- The Federal Reserve Is Too Independent New York Magazine
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