Why the Fed’s independence matters : NPR

July 30, 2025

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1 min read

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NPR

Trump has threatened to fire Fed Chair Jerome Powell, challenging the Fed's independence. Experts say he's not the first president to target the central bank, but he's the most public and aggressive.

Trump keeps pressuring the Fed to cut rates. Here's why its independence matters toggle caption Andrew Caballero-Reynolds/AFP via Getty Images President Trump's tense, televised clash with Federal Reserve Chair Jerome Powell has raised concerns about... [7631 chars]

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