Jerome Powell’s tenure as chair of the Federal Reserve is winding down, and the Kevin Warsh era is nigh. But President Donald Trump seems intent on intimidating Powell until the bitter end, making the transition as difficult and volatile as possible. That malicious impulse will cause lasting institutional damage to the world’s most important central bank.
www.bloomberg.com
#Botched #Fed #Transition #Stain #Independence
A Botched Fed Transition Is a Stain on Independence
