Economist Mohamed El-Erian Urges Powell to Resign to Protect the Fed
Mohamed El-Erian suggests that Fed Chair Jerome Powell should resign to protect the Fed's independence amid escalating political attacks from the Trump administration, which threaten to destabilize the institution. The debate highlights concerns over political interference in monetary policy, with market reactions showing some inflation expectations rising. El-Erian's call adds to ongoing discussions about the future leadership of the Fed and its autonomy.