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Powell says he's not worried about the Fed losing its independence under Trump

CNBC
Summary
Nutrition label

76% Informative

Fed Chair Jerome Powell says he isn't worried that President-elect Trump will try to politicize the central bank.

There are safeguards in the legislation that created the Fed that will help preserve it from political influences, he says.

The question of Fed independence has come up over the past several months amid reports that Trump may try to pull strings on monetary policy.

VR Score

86

Informative language

90

Neutral language

65

Article tone

informal

Language

English

Language complexity

51

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

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