Fed Chair Unconcerned by Trump
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Fed Chair Jerome PowellCNBC
•Powell says he's not worried about the Fed losing its independence under Trump
76% Informative
Fed Chair Jerome Powell says he isn't worried that President-elect Trump will try to politicize the central bank.
There are safeguards in the legislation that created the Fed that will help preserve it from political influences, he says.
The question of Fed independence has come up over the past several months amid reports that Trump may try to pull strings on monetary policy.
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