At the end of the day, it is up to the Fed to ensure its independence. Unfortunately, like some horror movies, the call comes from inside the House. Erosion of Fed independence can happen from within the Fed itself. When the Fed reacts or participates outside of its congressional dual mandate on its own accord, like they have done recently with climate or di. (25:00–25:07)
CLAIM
Asserts that the Federal Reserve's independence can be compromised internally.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.