Part 10/11:
Conclusion: A Dangerous Path Forward?
This heightened conflict reflects broader concerns about the expansion of presidential powers and the risks of politicizing central banking. While President Trump may wish to influence monetary policy directly, the legal, economic, and international implications suggest that such efforts could be harmful in the long run.
The question remains: Should the President have a say in setting interest rates? Or does this represent a dangerous slide toward politicizing an institution that is vital for economic stability? The answer, critics argue, leans toward the importance of protecting the Fed’s independence to safeguard the economy from short-term political whims.