In choosing a White House insider as Fed governor, Trump has shown that he is more interested in central bank influence than in its independence, @BobOnMarkets says (via @opinion) https://t.co/0oYvSc6tUY ...

Central Bank Independence Is a Spectrum https://t.co/gAnY3DfBwj ...

So what we see is an argument between the president of the United States and the head of the Federal Reserve and others about the independence of the Federal Reserve and the monetary policies that are being pursued. And so that argument is um um a general belief, a historic belief that um by having a central bank that is independent of the government, there is um a greater willingness to not do the politically expedient things of making credit to available. and they will defend the value of money and they'l ...