Debating the Independence of the Federal Reserve

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This chapter explores the contentious debate surrounding the Federal Reserve's independence following remarks from former President Trump about increasing political influence over monetary policy. It examines the potential consequences of this shift and contrasts differing views on the importance of maintaining the Fed's insulation from political pressures for economic stability.

Episode 385: Neal and Toby discuss Trump’s comments on wanting to change the independence of the Fed, which has historically been immune from political partisanship. Then, how NBC handled the coverage of the 2024 Paris Olympics in a constantly changing media landscape. Next, Disney reveals details of its massive investment to its parks around the world, including a ‘Villains Land’ that hopes to bring back waning theme park visitors. Plus, the weekend’s biggest winners: the Reynolds-Lively household and China’s newest richest person. Meanwhile, Halloween decorations are starting to show up on shelves as ‘Summerween’ is in full effect. Lastly, the biggest news to know for the week ahead.

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