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Created: 2025-07-23 04:33:34 UTC

#NewsFatafat | Top economist Mohamed El-Erian has urged Fed Chair Jerome #Powell to resign to safeguard the central bank’s independence. In a pointed post on X, El-Erian warned that stepping down would be preferable to allowing "growing threats" to undermine the Fed’s autonomy. This comes amid rising political pressure—Scott Bessent accused the Fed of “mission creep,” while Donald Trump ramped up criticism over Powell’s decision to hold interest rates steady

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**Related Topics**
[powell](/topic/powell)
[donald trump](/topic/donald-trump)
[bessent](/topic/bessent)
[federal reserve](/topic/federal-reserve)
[jerome](/topic/jerome)
[fed chair](/topic/fed-chair)
[fed](/topic/fed)

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