Treasury Secretary says Fed can wait on rate cuts, even as he keeps pushing for them

Apr 21, 2026 2:11 PM

The criminal probe into Fed Chair Powell, which he publicly calls an attempt to pressure him on rate policy, reveals a shocking truth: the fight over interest rates isn't about economics, but raw political power. This isn't just influencing the Fed; it's actively weaponizing legal processes to force policy changes. Is the Fed's independence already compromised?
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