Reported about 20 hours ago
A Republican lawmaker, Representative Frank Lucas, is pushing for measures to insulate the Federal Reserve from political pressures, including those from President Trump. Following Trump's recent criticism of Fed Chairman Jerome Powell, Lucas deemed the president's assurance that Powell would not be fired as a wise decision. Lucas's task force is seeking bipartisan support to strengthen the Fed's autonomy while shifting its focus back to inflation and dollar stability, amidst ongoing market uncertainties influenced by fluctuating political policies.
Source: YAHOO