> Some countries that have prosecuted or threatened to prosecute central bankers for the purpose of political intimidation or punishment for monetary policy decisions: Argentina, Russia, Turkey, Venezuela and Zimbabwe.
> If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none. It is now the independence and credibility of the Department of Justice that are in question.
> I will oppose the confirmation of any nominee for the Fed—including the upcoming Fed Chair vacancy—until this legal matter is fully resolved.
> Some countries that have prosecuted or threatened to prosecute central bankers for the purpose of political intimidation or punishment for monetary policy decisions: Argentina, Russia, Turkey, Venezuela and Zimbabwe.
* https://xcancel.com/jasonfurman/status/2010532384924442645#m
* https://en.wikipedia.org/wiki/Jason_Furman
And Senator Thom Tillis (R-NC)
> If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none. It is now the independence and credibility of the Department of Justice that are in question.
> I will oppose the confirmation of any nominee for the Fed—including the upcoming Fed Chair vacancy—until this legal matter is fully resolved.
* https://xcancel.com/SenThomTillis/status/2010514786467959269
who sits on the United States Senate Committee on Banking, Housing, and Urban Affairs (which oversees the Fed):
* https://en.wikipedia.org/wiki/United_States_Senate_Committee...
The "independence and credibility of the DoJ" line is quite something else.