An open letter to the U.S. Congress

Defend Fed independence

1 so far! Help us get to 5 signers!

I urge you to defend the Federal Reserve's independence and reject calls to remove Chair Jerome Powell over disagreements on monetary policy. Undermining the central bank's autonomy jeopardizes its ability to make decisions free from short-term political pressures, ultimately weakening confidence in the institution and US financial system. The Fed's independence has been a pillar of economic stability, allowing it to pursue policies for maximum employment and price stability. Protecting this independence is crucial for maintaining a strong, depoliticized central bank capable of promoting long-term economic prosperity.

▶ Created on April 17, 2025 by Americans for Academic Freedom

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