There's a well-known approach in politics when one agency wants another agency--not under its direct control--to do something. You first try to soften up the resistance of the other agency by accusing them of stuff. It's even better if the accusations have some substance behind them, but really, all that matters is that the accusations| Conversable Economist - In Hume’s spirit, I will attempt to serve as an amb...
Two foundational protections of the Fed’s independence in monetary policy are under threat: the tenure of Fed officials and the control of its budget.| stayathomemacro.substack.com
The Federal Reserve Board of Governors in Washington DC.| Board of Governors of the Federal Reserve System
It’s unclear if Trump will follow through, but he’s been outspoken about wanting Powell gone.| Greeley Tribune
It’s unclear if Trump will follow through, but he’s been outspoken about wanting Powell gone.| Boulder Daily Camera