financial regulations

**Excerpt:**

*”Federal Reserve Chair Jerome Powell is fighting to preserve the central bank’s independence as a looming Supreme Court challenge threatens to upend decades of economic stability. In a high-stakes testimony before Congress, Powell warned that political interference in monetary policy could destabilize markets, jeopardizing everything from mortgage rates to retirement savings. If the Court rules against the Fed, it may hand lawmakers unprecedented control over interest rates—raising fears of short-term political decisions overriding long-term economic health. The outcome could redefine who holds the reins of the U.S. financial system, with ripple effects for every American household.”*

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