1. United States
  2. Mass.
  3. Letter

Preserve Federal Reserve Independence and Chairman Powell's Term

To: Sen. Warren, Rep. Neal, Sen. Markey

From: A verified voter in North Adams, MA

April 20

The dismissal of the Federal Reserve Chair prior to the completion of their term undermines the independence of this crucial institution. President Trump's attempts to remove Chairman Powell appear politically motivated, seeking to shift blame away from the detrimental effects of the administration's erratic trade policies. Maintaining Federal Reserve autonomy is vital to ensure monetary policy decisions are grounded in economic data and insulated from partisan pressures. I urge you to uphold longstanding norms by allowing Chairman Powell to serve out his full term, preserving the Fed's critical ability to promote economic stability without undue political interference.

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