1. United States
2. Texas
3. Letter

Federal Reserve independence is crucial to maintaining stable prices and employment. Attempting to remove Chair Powell without proper cause threatens this independence and could undermine market confidence, risking higher inflation and interest rates that would harm the economy. I urge keeping the Federal Reserve free from undue political pressure. The renovation costs, while higher than projected, are necessary investments to ensure the central bank's critical infrastructure and operations remain functional for decades to come. Sacrificing Fed independence over this issue sets a dangerous precedent that may have severe economic consequences.