Bigger Picture: Political Pressure

Over the weekend, Federal Reserve Chair Jerome Powell said the Department of Justice served the Fed with grand jury subpoenas. Powell says it’s all a sham. But the stakes are unprecedented: A potential criminal indictment. Central bank independence. Today on the show, the administration’s case against the Fed. How did we get here? And what comes next?

Related episodes: 
Lisa Cook and the fight for the Fed
Trump's unprecedented attack on the Fed  
A primer on the Federal Reserve's independence
Why Is The Fed So Boring?

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