3 ms·
> Isn't the Fed taking directions from whatever administration is in power? No, the Fed is an independent entity similar to the supreme court. The president co
by colinmhayes 5y ago
> Isn't the Fed taking directions from whatever administration is in power?
No, the Fed is an independent entity similar to the supreme court. The president could fire the chair and install someone new, but I don't believe that has ever been done.