Former Federal Reserve governor Kevin Warsh said he believes the next Fed chair will maintain the central bank's independence from political pressure, even under the Trump administration. Warsh was as

The independence of central banks, which allows policymakers to operate free from political meddling, is considered sacrosanct by investors and economists.

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of New York President John Williams declined on Wednesday to comment on President Donald Trump’s attacks on the central bank and what it might mean if the president were to somehow remove the Fed’s leader from office.