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Published 2 months ago

US Biden administration says it supports an independent Fed

Summary by Blue Water Healthy Living
SAN FRANCISCO (Reuters) – The Biden administration asserted its support for an independent Federal Reserve on Wednesday, after a report surfaced last month that Republican presidential candidate Donald Trump is assessing ways to exercise more control over U.S. monetary policy. In a blog post published Wednesday, the White House Council for Economic Advisors laid out the historical evidence that central banks beholden to politicians serve th…

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US Biden administration says it supports an independent Fed

SAN FRANCISCO (Reuters) – The Biden administration asserted its support for an independent Federal Reserve on Wednesday, after a report surfaced last month that Republican presidential candidate Donald Trump is assessing ways to exercise more control over U.S. monetary policy. In a blog post published Wednesday, the White House Council for Economic Advisors laid out the historical evidence that central banks beholden to politicians serve th…

2 months ago·Port Huron, United States
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