The Federal Reserve’s independence is still under threat, warns Rebecca Slaughter
- Posted on July 20, 2026
- By Financial Times
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- 1 min read
Former Federal Reserve official Rebecca Slaughter expresses serious concerns about institutional governance following her dismissal by the Trump administration. She argues that recent Supreme Court rulings fail to establish permanent safeguards for central bank autonomy, leaving regulatory independence vulnerable to political interference. Slaughter's warnings highlight ongoing constitutional tensions regarding the Federal Reserve's operational freedom and its capacity to execute monetary policy without external political pressure.
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