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Why Trump’s attacks on the Fed’s independence are so dangerous

Why Trump’s attacks on the Fed’s independence are so dangerous
business9/21/2025

The Federal Reserve cut interest rates this week. But the aggressive action Trump seeks could dramatically backfire

Donald Trump has once again taken a wrecking ball to the rule of law and long-standing norms as he seeks to fire Lisa Cook, the Federal Reserve governor, and pursue his unprecedented assault on the central bank’s independence. Just as he failed to un... [7222 chars]