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Chuck Schumer: “Our central bank must always operate free of coercion, free…”

Featuring: Chuck Schumer, Democratic | U.S. Senate New York

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Published | Video Starts at 00:48

Launching a criminal investigation to coerce the Federal Reserve is a dangerous crossing of the Rubicon, even for Donald Trump, who's crossed many Rubicons already, to his detriment and the country's detriment. America's economic stability depends on impartial, stable monetary policy. Our central bank must always operate free of coercion, free of intimidation, and free from short term political calculation. But what Donald Trump is doing is the magafication of monetary policy. One of the last places we should have any kind of MAGA influence. (00:48–00:59)

CLAIM

Asserts that the central bank should operate without coercion or political influence.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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