X @Bloomberg

Federal Reserve & Political Influence - The US financial industry is closely monitoring the ongoing conflict between Donald Trump and Federal Reserve Chairman Jerome Powell [1] - A White House official initially indicated that President Trump was considering firing the Federal Reserve chairman, creating uncertainty in the market [1] - The threat was later retracted by Trump, but the situation highlights potential political influence on the Federal Reserve [1] - The industry emphasizes the historical commitment to Federal Reserve independence to maintain stability [1]