Is the Fed giving up its independence?
4 min readNov 30, 2018
--
Is Jerome Powell repaying Donald Trump for not reappointing Janet Yellen?
The world was surprised when Donald Trump once again broke tradition by not reappointing Janet Yellen as the Chairperson of the Federal Reserve Board. Traditionally, the Fed Chair serves for two terms, and partisan politics are put aside for those appointments. Obama…