The Independence Conundrum at the Fed: A Battle for Credibility The appointment of Kevin Warsh as Chair of the Federal Reserve has raised eyebrows in the financial community, and for good reason.
Never before has a Fed chair been sworn in at the White House, blurring the lines between politics and monetary policy.
President Donald Trump's insistence on Warsh's independence is admirable, but given his history with previous Fed chairs, it's hard not to wonder if this is merely a ruse.