Core Viewpoint - The selection of Warsh as a potential Federal Reserve member suggests that Powell may continue to oppose Trump's economic policies [1] Group 1 - The choice of Warsh indicates a likelihood of ongoing tension between the Federal Reserve and the Trump administration [1]

When politicians get involved with central-bank decisions, inflation, the dollar and the stock market all become less predictable. ...

The statement from the European Central Bank and others is an unprecedented step that underlines how seriously they view the threat to the Fed's independence. ...

The Trump administration's criminal investigation of Federal Reserve Chair Jerome Powell appeared on Monday to be emboldening defenders of the U.S. central bank against the efforts of President Donald Trump to control the Fed. ...

The first news of the week had to do with charges levied against US Fed Chairman Jerome Powell for the crime of not lowering interest rates fast enough for the US president. The US dollar index was under pressure overnight while the Metals sector rocketed higher once again. More News from Barchart Stop Missing Market Moves: Get the FREE Barchart Brief – your midday dose of stock movers, trending sectors, and actionable trade ideas, delivered right to your inbox. Sign Up Now! The Grains sector awai ...

Federal Reserve Chair Jerome Powell said the US central bank was served grand jury subpoenas on Friday from the Department of Justice that threatened criminal indictment. In a statement on Sunday night, Powell said the subpoenas focused on his June testimony about renovations at historic Fed office buildings. The Fed chair said the subpoenas were the latest move in the Trump administration's pressure campaign on the central bank to lower interest rates."No one — certainly not the chair of the Federal Reser ...

Federal Reserve Independence - The report discusses whether Trump's attacks on Jerome Powell and Lisa Cook have jeopardized the Fed's independence [1] - The report analyzes why markets have shrugged off these attacks [1] Market Reaction - The report suggests that the market has not reacted strongly to the attacks on the Fed [1] Experts' Opinions - WSJ's Nick Timiraos, Chelsey Dulaney, Alex Frangos, and James Mackintosh discuss the issue [1]

Core Viewpoint - The Trump administration is seeking to fire Federal Reserve Governor Lisa Cook, a move that challenges the independence of the Federal Reserve, which has not seen such an action since its establishment in 1913 [1] Group 1 - The request to the U.S. Supreme Court represents a significant legal battle regarding the authority to dismiss a Federal Reserve official [1] - This unprecedented action raises concerns about the potential implications for the Federal Reserve's autonomy and its ability to operate independently from political influence [1]

Central Bank Independence - The Fed has good reason to resist political bullying based on economic principles [1] - Markets' reaction may determine the fate of the Fed's independence [1] Political Pressure - Donald Trump tried to fire a Fed governor, which is unusual [1] - Donald Trump isn't the first president to put pressure on the central bank [1]

Core Points - The Senate committee approved the nomination of Stephen Miran to the Federal Reserve's board of governors, which is expected to be confirmed by the full Senate [2][4] - Miran's nomination raises concerns about the Fed's independence, as he intends to retain his position as head of the White House's Council of Economic Advisers while serving on the Fed [5][11] - The Fed is anticipated to reduce its key short-term interest rate in its upcoming meeting, amidst rising inflation and a recent increase in the unemployment rate [12][13][14] Group 1: Nomination and Approval Process - Stephen Miran was nominated by President Trump to replace former Fed governor Adriana Kugler, who resigned on August 1 [3] - The committee voted along partisan lines, with a 13-11 vote, all Democrats opposing the confirmation [4][10] - Miran's confirmation could occur before the Fed's meeting next week, where interest rate decisions will be made [8] Group 2: Concerns Over Independence - Miran's plan to keep his White House role while serving on the Fed is historically unusual and has drawn criticism from Democrats [5][11] - Concerns have been raised regarding the potential erosion of the Fed's independence from political influence, particularly in light of Trump's previous actions [11] Group 3: Economic Context - The economy is facing challenges, with inflation remaining above the Fed's 2% target and a recent rise in the unemployment rate to 4.3% [12][13] - The Fed is expected to consider risks to the job market, which may lead to rate cuts, with Wall Street anticipating three quarter-point reductions this year [14]