Fed Under Fire: Politics vs. Independence

In 2025, the Federal Reserve faced intense scrutiny from the White House, investors, and media, leading to a public disagreement with the Oval Office over interest rates. Despite pressure, the base rate remained largely unchanged. Treasury Secretary Scott Bessent called for the Fed to return to its traditional role, while FOMC members defended their commitment to serving the American public and maintaining stable inflation and maximum employment. The next Fed chairmans nomination could bring a new dynamic to the central banks leadership.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.