Trump's Fed Nominee Shelton Says 'No One Tells Me What to Do'

The transcript discusses the independence of Chairman Powell and the Federal Reserve amidst political pressure and criticism from the President. It highlights the importance of the Fed's autonomy in decision-making, the historical context of such independence, and the commitment of Fed members to remain unbiased. The dialogue also touches on the President's public criticism and its impact on the Fed's operations.

What implications do you think the President's public comments have on the Federal Reserve's decision-making process?

Discuss the importance of independence for the Federal Reserve as highlighted in the conversation.