Why the Fed's independence from the White House is guarded so closely

Core Viewpoint - The Justice Department has threatened the Federal Reserve with a criminal indictment related to the testimony of Fed Chair Jerome Powell concerning building renovations [1] Group 1 - The Justice Department's threat indicates potential legal challenges for the Federal Reserve, which could impact its operations and governance [1] - Fed Chair Jerome Powell's testimony this summer is central to the Justice Department's investigation, suggesting scrutiny over the Fed's transparency and accountability [1]