$ETH $DOGE $TRUMP Four Democratic lawmakers on Wednesday sent a letter to Federal Reserve Chair Jerome Powell’s successor, asking that he disclose records of his communications with Donald Trump, saying that reports have raised “sincere doubts” about whether the central bank can remain independent from the White House.
The Wall Street Journal previously reported that after taking over from Powell in April, Wash held multiple calls with Trump, who pressured him to consider his views in interest-rate decisions. In the letter, lawmakers said Wash repeatedly refused to confirm whether he had spoken with the president, prompting questions about whether monetary policy is still operating independently and about his transparency with the public.
Last month, Wash emphasized during testimony before the House Financial Services Committee that the Federal Reserve would remain independent during his tenure, saying independence is crucial for the normal implementation of monetary policy. But lawmakers noted that Wash’s publicly posted schedule lists meetings with other senior White House officials, yet does not disclose calls with the president—making the omission especially suspicious. They said it is not unacceptable for the chair and the president to communicate regularly about the state of the economy, but that the repeated, highly unconstrained exchanges described in the reports have no precedent in modern times, and if they are true, they would seriously undermine questions about the relationship between the Fed and the White House. Lawmakers also stressed that effective implementation of monetary policy depends on the chair’s transparency, accountability, and integrity, and that private talks with the president would weaken all of that.
The joint letter was led by Maryland Senator Van Hollen, with Reed, Alsobrooks, and Warren also participating. All four serve on the Senate Banking Committee. A Federal Reserve spokesperson confirmed that its practice of publicly listing all scheduled meetings and events remains unchanged, and that the chair’s calendar will be published one month later. #比特币创2023年3月来最佳周表现 #比特币两个月来首破7万美元
The Wall Street Journal previously reported that after taking over from Powell in April, Wash held multiple calls with Trump, who pressured him to consider his views in interest-rate decisions. In the letter, lawmakers said Wash repeatedly refused to confirm whether he had spoken with the president, prompting questions about whether monetary policy is still operating independently and about his transparency with the public.
Last month, Wash emphasized during testimony before the House Financial Services Committee that the Federal Reserve would remain independent during his tenure, saying independence is crucial for the normal implementation of monetary policy. But lawmakers noted that Wash’s publicly posted schedule lists meetings with other senior White House officials, yet does not disclose calls with the president—making the omission especially suspicious. They said it is not unacceptable for the chair and the president to communicate regularly about the state of the economy, but that the repeated, highly unconstrained exchanges described in the reports have no precedent in modern times, and if they are true, they would seriously undermine questions about the relationship between the Fed and the White House. Lawmakers also stressed that effective implementation of monetary policy depends on the chair’s transparency, accountability, and integrity, and that private talks with the president would weaken all of that.
The joint letter was led by Maryland Senator Van Hollen, with Reed, Alsobrooks, and Warren also participating. All four serve on the Senate Banking Committee. A Federal Reserve spokesperson confirmed that its practice of publicly listing all scheduled meetings and events remains unchanged, and that the chair’s calendar will be published one month later. #比特币创2023年3月来最佳周表现 #比特币两个月来首破7万美元
