Trump’s Pressure Threatens Financial Stability as Fed Independence Faces Scrutiny

President Donald Trump’s persistent pressure on Federal Reserve Chair Jerome Powell for interest rate cuts has sparked fears of market volatility. Analysts, including those from Goldman Sachs, warn that political interference could jeopardize the Fed’s independence and destabilize financial markets. This comes as President Trump intensifies his demands, threatening to remove Chairman Powell if his pleas for lower rates aren’t met.