S3E2: Checks, Balances, and Political Independence: President Trump and the Federal Reserve Bank
Description
In this special series of the podcast, we're focusing on the policy priorities of the second Trump administration, and how research can inform our understanding of our rapidly changing economic environment.
The ability for a nation's central bank to operate independently is a core tenet of modern monetary policy. Independence means the central bank can focus on their mission without undue political influence. President Trump is a regular critic and has pushed to have more control of the U.S.' central bank, the Federal Reserve. In this conversation, we will speak with two former top leaders of the Minneapolis Federal Reserve Bank, former President, Gary Stern, and former Director of Research, Art Rolnick, who will share their perspectives on the President’s relationship with the Federal Reserve and how some of the changes he is advocating for could play out for the United States.
United States
