The real cost of Trump’s pursuit of Powell isn’t that it undermines the Fed’s independence. Rather, it’s that Trump has made it harder for sane people to hold the Fed accountable in ways that would matter, writes Joseph Sternberg
on.wsj.com/49WqZqm— Wall Street Journal Opinion (@WSJopinion) Jan 17, 2026
The post The real cost of Trump’s pursuit of Powell isn’t that it undermines the Fed’s independence. Rather, it’s that Trump has made it harder for sane people to hold the Fed accountable in ways that would matter, writes Joseph Sternberg https://on.wsj.com/49WqZqm first appeared on October Surprise 2016 – octobersurprise2016.org.
