Powell Grilled by Rep. Porter Over Attendance at Bezos Party

The transcript discusses the importance of maintaining the Federal Reserve's independence, highlighting the potential influence of political and financial interests. It explores how wealthy individuals and political figures might impact Fed decisions. The conversation also touches on the perception of attending social events with influential figures and its implications for the Fed's independence.

Why is it important for the Federal Reserve to maintain its independence?

• To allow political figures to influence interest rates

• To ensure decisions are made in the best interest of the country

• To prioritize the needs of major investors

• To follow the President's directives

Who are some of the individuals mentioned as potentially interested in influencing the Federal Reserve?

• Environmental activists

• Local business owners

• Major investors and financiers

• International diplomats

What role does Kellyanne Conway play in relation to the President's views on the Federal Reserve?

• She is a spokesperson for major investors

• She is an advisor amplifying the President's message

• She is a financial analyst for the Fed

• She is a critic of the Fed's independence

What concern is raised about Mr. Powell attending a party at Jeff Bezos' home?

• It might suggest he is influenced by wealthy individuals

• It shows he is not interested in the Fed's independence

• It proves he is collaborating with political figures

• It indicates he is making decisions based on personal interests

Who did Mr. Powell introduce his son and daughter-in-law to at the party?

• Jamie Dimon

• Jared and Ivanka Trump

• Jeff Bezos

• General Mattis