#TrumpVsPowell The polemic between Donald Trump and Jerome Powell (Chairman of the Federal Reserve) reflects the classic tension between executive power (the President) and the independence of the central bank. It highlights the importance of maintaining the independence of economic institutions from political intervention. Powell attempts to show that The Fed is not a political tool, while Trump, as a President highly focused on the economy and stock market image, tries to maximize all influence to boost economic figures ahead of the election.