"I certainly think there are lessons to be learned there that the administration should be aware of," said Morningstar Wealth's Dominic Pappalardo.

The U.S. Federal Reserve's independence is threatened by political interference, especially highlighted by President Trump's attacks on Fed Chair Jerome Powell. A Reuters poll indicates a majority of economists are worried about this influence,

Trump has threatened to name a successor long before Mr. Powell’s term as chair ends in May. His term as governor extends until 2028. The next opening on the board will come at the end of ...

President Donald Trump has decided, for now, not to fire Federal Reserve Chairman Jerome Powell, but meanwhile his shortlist of potential successors is starting to take shape.

While Trump’s name-calling of Powell isn’t particularly ... A report indicated that Trump is considering naming the successor sooner than expected in an attempt to influence interest rate policy.

As Trump seemingly waffled back and forth this week on trying to dismiss the Fed chair, some Republicans in Congress began to speak up and warn that such a move would be a mistake. Trump would potentially obliterate the Fed’s independence from political influence and inject uncertainty into the foundations of the US economy if he fires Powell.

WASHINGTON ― President Donald Trump keeps striking out in his months-long campaign to pressure Federal Reserve Chairman Jerome Powell to lower interest rates. So on June 30, he pursued a new ...