Fed Independence Is Under Attack, Says Brainard

I'm joined now by someone who intimately understands the Fed was there for ten years and most recently was the Fed vice chair under Jay Powell, who is still now the chair. And that's, of course, Lael Brainard. Lael, thank you so much for joining us this morning.As we see this standoff between President Trump and Governor Cook, we have yet to hear from the Fed itself. What kind of response do you think we can expect from the institution. Well, I think the Federal Reserve is in an incredibly difficult positio ...