Kashkari warns of ongoing administration attacks on Federal Reserve independence
Kashkari says attacks on Fed researchers aim to compromise independence. He warns that political pressure over rates undermines the bank's data-driven mission.
Kevin Hassett, a top economic adviser to Donald Trump, has publicly called for staff at the New York Federal Reserve to be disciplined over their recent research on tariffs. This demand has been met with a sharp response from Neel Kashkari, the president of the Minneapolis Federal Reserve, who characterized the comments as another attempt by the Trump administration to undermine the independence of the Federal Reserve. The dispute comes at a critical time for the US 
US, as the central bank faces a series of challenges to its institutional autonomy.
US, as the central bank faces a series of challenges to its institutional autonomy.
