ChainChef
Federal Reserve governor Michael Barr has pushed back against ongoing investigations, describing the Department of Justice's scrutiny of Fed chair Powell as a direct threat to the institution's operational independence.
Barr's comments highlight growing tensions between different branches of government oversight. The independence of central banking has long been considered critical for making sound monetary policy decisions without short-term political pressure. When regulatory bodies face investigation, it raises questions about whether policy-making authority might shift away from technical
Barr's comments highlight growing tensions between different branches of government oversight. The independence of central banking has long been considered critical for making sound monetary policy decisions without short-term political pressure. When regulatory bodies face investigation, it raises questions about whether policy-making authority might shift away from technical