Waller Opposes Firing Fed Leaders Over Policy Views

Fed Governor Christopher Waller said he would oppose firing regional bank presidents over rate policy views. He argued such moves violate the system design.

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Federal Reserve Governor Christopher Waller has stated he would firmly oppose any attempts to remove regional reserve bank presidents due to disagreements over interest rate policy. Speaking at an event in Washington, Waller emphasized that the structure of the central bank was intentionally designed to protect these officials from such political or internal pressure.

Federal Reserve Governor Christopher Waller delivers remarks at The Clearing House Annual Conference in New York City, November 2024. REUTERS/Brendan McDermid
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