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Sen. Elizabeth Warren: The Fed is being boxed out by a chaotic president
CNBC Televisionยท2025-06-18 18:08

Monetary Policy & Economic Concerns - The Senator has previously urged Powell to cut rates [1] - The current economic situation is complex, with moderated inflation but a softening labor environment [3] - Trump's policies, including tariffs and national debt management, are creating economic chaos [3] - Trump's actions create a dilemma for the Fed regarding rate adjustments, impacting both employment and inflation [4] Fed Independence - Trump has been attempting to undermine Jerome Powell and the independence of the Fed [7] - Maintaining the Fed's independence is crucial for the strength of the American economy [10] - Republicans in the Senate are trying to undermine the Fed's independence, for example, by attempting to cut salaries of people who work at the fed [12] - Congress has already established laws to preserve the Fed's independence [12]