Amara Omeokwe

on her mortgages hasn't worked.

So this is simply his latest attempt.

Now, as Amara was saying, you've seen bipartisan defense of the Fed.

And in fact, some of the people responsible for the decision seem to be trying to disassociate themselves from it.

But I would get caught up in that because what I think is going on here is a message from Trump and his folks to this Fed chair and the next Fed chair.

which is if you get crosswise with this president, if you set interest rates in a way that displeases him, you can expect the same treatment.

And that has got to affect the judgment and the behavior of the next Fed chairman.

Well, I think that you never know with President Trump.

The decision is never going to be final until it comes out of his mouth.

And I think we can probably expect more of this who's up, who's down until he makes the ultimate decision.

I do think that it does kind of reflect where we are with this question of this investigation and Fed independence, because I think that the problem that Kevin Hassett was always going to have was what Greg was talking about.

Is this a person who is going to be fully committed to Fed independence, or is he going to be more open to taking the president's policy preferences on board?

Will he enjoy the confidence of investors and his fellow policymakers?

And I think because Hassett has been so in line with President Trump on so many issues,

And even on this investigation, didn't really come out and condemn it, right?

The questions about his credibility were ramped up this week after we learned about this investigation into the Fed now.

I actually look at it a

You know, the implications of a politicized Federal Reserve, there's actually two cross-cutting implications to it.

One is that if you have lower interest rates because the Fed chair is trying to police a president, that actually has some immediate tangible benefits.

Stock market investors love lower interest rates.