Risk to Fed Independence Higher Than Ever: Bernstein
Business
Jared Bernstein, Former Chair of the White House Council of Economic Advisers, weighs in on President Donald Trump's continued criticism of Federal Reserve Chair Jerome Powell and whether or not the President has the ability to fire Powell. Bernstein also states that President Trump is less invested in the rule of law and talks about the risk of Fed independence. He speaks with Joe Mathieu on the late edition of Bloomberg's "Balance of Power." -------- More on Bloomberg Television and Markets
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