Warren Demands Trump’s Fed Nominees Vow to Protect Research
Senator Elizabeth Warren is calling on Federal Reserve nominees to commit to protecting independent research. This comes after National Economic Council Director Kevin Hassett criticized a New York Fed study that found US firms and consumers paid nearly 90% of the cost of tariffs. Warren is concerned that the Trump administration may try to interfere with the Fed's research and analysis, which should remain independent. She wants the nominees to pledge to safeguard the integrity of the Fed's work and ensure its research is not influenced by political pressure. This dispute highlights the ongoing tensions between the Trump administration and the Federal Reserve, and the importance of maintaining the independence of economic policymaking institutions.
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