AI Summary

The former US Federal Reserve Chair Jerome Powell has cautioned against politicization of the central bank, amid criticism from former President Donald Trump. Powell's warning comes as Trump has been targeting the Fed, suggesting that it is not independent. This criticism has raised concerns about the potential politicization of the institution, which is crucial for maintaining economic stability. The situation highlights the challenges faced by institutions in the current era, with Powell noting that the Fed is undergoing a "stress test" similar to other organizations.

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