1. United States
2. Ohio
3. Letter

To Members of Congress, Regardless of opinion on the Trump-era tariffs, it’s clear that trade policies have real economic consequences that must be managed to protect American families and businesses. Federal Reserve Chair Jerome Powell has shown steady leadership through these challenges. As Congress considers actions like S.Res.347, which pressures Powell to lower interest rates under the guise of economic growth, it's crucial to defend the Federal Reserve's independence—a key pillar of our economy. Chair Powell has rightly noted that tariffs are raising prices on some goods, affecting both consumers and businesses. Instead of yielding to political pressure, he’s adopted a patient, data-driven approach to monetary policy—consistent with sound governance. Efforts by some lawmakers and the President to intimidate or discredit the Fed, pressuring Powell into politically motivated decisions, are dangerous. Such attacks undermine economic stability and betray the foundational principles of the Republican Party. The GOP has long been the party of limited government, free markets, and institutional restraint. Yet recent attempts to politicize monetary policy reflect an unsettling shift toward big-government overreach. This is neither conservative nor pro-market. While trade policies remain up for debate, the Federal Reserve must stay insulated from political pressure. Powell’s leadership not only supports responsible monetary policy but also protects the constitutional separation of powers that shields our economy from short-term political impulses. Those who truly care about conservative values and long-term economic health must support the Fed’s independence and reject the move toward centralized political control. The future of the American economy—and the credibility of our institutions—depends on it.