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What kind of Fed chair will Kevin Warsh be?
Bloomberg Television· 2026-02-06 20:43
If we assume that Warsh truly wants to do his own thing outside of presidential influence. And again, there are there are some people who doubt that is the case. How does he actually display or demonstrate the central bank's independence, when you have a president who likes to talk about interest rates and likes to joke about, you know, "I'm going to sue Warsh if he doesn't lower rates?" I think there would be a couple of things, Tracy, that we'll see pretty soon.I'll let you and your listeners decide if it ...
X @The Economist
The Economist· 2025-12-06 15:20
Donald Trump’s main political problem is high prices, something that excessively loose monetary policy would make worse. And if the central bank’s independence were threatened, investors would revolt https://t.co/spsI7kJ1lU ...
Supreme Court gives Lisa Cook one week to respond to Trump's bid to fire her
MSNBC· 2025-09-19 19:11
Federal Reserve Board member Lisa Cook has one week to respond to the president's emergency petition to the court to let him immediately fire her. President wanted Cook gone while the courts consider Trump's request after an appeals court put Cook's removal on hold. The fact that Chief Justice John Roberts set this deadline for Thursday next week suggests the court will not issue a decision before then.Cook's team says allowing her to be removed like this would undermine the central bank's independence and ...