Debate Over Tariff Costs Escalates Fed-White House Rift
Investopedia·2026-02-20 13:00
Key Takeaways Research from the New York Fed shows Americans, not foreigners, are bearing the cost of tariffs.The Trump administration criticized the study, calling it partisan and questioning its methodology.The conflict highlights ongoing tensions over the Federal Reserve's independence from political influence. Get personalized, AI-powered answers built on 27+ years of trusted expertise. The latest battleground in the feud between the White House and the Federal Reserve system is a routine economi ...