Fed Leadership Urged to Defend Independence Amid Political Pressure

The Federal Reserve is being called upon to strengthen its leadership beyond Chairman Jerome Powell in response to efforts by the Trump administration to challenge its autonomy. Bloomberg posted on X that Neel Kashkari, a prominent figure within the Fed, is demonstrating to his peers how to effectively uphold the institution's independence. The call for action highlights the need for a collective effort within the Federal Reserve to maintain its impartiality and resist external political influences.