B2B Stories

Last week, I shared with you my disappointment related to the possible threat to the Federal Reserve’s independence by President Trump. In particular, I expressed how limitations on the Fed’s independence could negatively impact our nation’s economy and each of us. Fortunately, this week, I have some better news.  Earlier this month, a bipartisan resolution (House Res. 981) was introduced to the House of Representatives, which set a goal of reducing the annual federal deficit to 3% of GDP (Gross Domestic Product…the primary measure of the size of our national economy). As a frame

It seems pretty clear that President Donald Trump is not a big fan of the current Chairman of the Federal Reserve (“the Fed”), Jerome (Jay) Powell. At the root of President Trump’s problem with Mr. Powell is Powell’s reluctance to lower interest rates as quickly as the President would like. I first wrote about this issue in April 2025 when the President intimated in social media posts that Powell’s firing might be imminent. However, when financial markets reacted negatively to such an attack on the Fed’s independence, the President backed