“Political pressure and in this case, presidential pressure, increases the risk that there will be a pedal-to-the-metal inflationary episode,” said Mark Spindel, an investment manager who co-wrote a history of Fed independence.

Financial advisors like Rockie Ziegler believe that removing Fed Chair Jerome Powell would be a dangerous move, as it could undermine confidence in the economy and create long-term instability.

J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut central bank independence and increase inflation risks.

“Can Jay Powell, as a human escape, the pressure of politics and the election?” asked CNBC’s Brian Sullivan. “He has to placate the political forces that are really in the underbelly of ...

No stranger to political pressure, the Fed chief this week found himself the focus of concern in a letter from Democratic Sen. Sherrod Brown.

Trump’s top budget adviser sent Powell a letter saying Trump is “extremely troubled” by the “ostentatious overhaul.” Two aides were named to a panel that plans to review the building plans.

Powell testifies as Trump demands a 2-point rate cut; markets seek clarity on Fed independence and inflation control. Fed Governors Bowman and Waller push for July rate cuts, exposing internal ...

Federal Reserve Chairman Jerome Powell said the central bank will ignore "external" political pressure amid expectations that it will raise interest rates again to address inflation.

As a result, the long standing abhorrence to a central bank, advocated as early as Thomas Jefferson’s administration and by much of rural America was overcome. At the request of President Woodrow Wilson,