💥🇺🇲 Is the Fed’s Independence Under Threat?
Markets are on edge as the U.S. Treasury takes the lead in searching for Jerome Powell’s successor. With Scott Bessent reportedly narrowing the shortlist, fears are growing that the next Fed Chair could be more aligned with the White House than with economic stability.
President Trump is said to favor the “two Kevins” — Warsh and Hassett — raising alarms that political influence over the central bank could weaken the fight against inflation and further strain America’s $36 trillion debt load.
The big question: can monetary policy stay independent — or is a major shift coming? The stakes for the U.S. economy couldn’t be higher. 📉📊
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