Kai Risdahl

I want to talk to you, though, about Federal Reserve credibility and what happens if it gets lost.

And we do seem to be sort of down that slippery slope.

Here's what you said to us in October 24 about Federal Reserve credibility and independence.

Here you go.

The new person, Wendy, will be agreeable to what President Trump has to say.

Scale of one to the house is on fire.

How worried are you about Federal Reserve credibility and independence?

Right.

Last question.

You got 15 seconds, but it probably won't take you long.

Do you believe this is actually about the building, this criminal investigation that's being promised?

Wendy Edelberg at Brookings.

Thanks, Wendy.

It's worth a mention here amid the news today about the independence of the Federal Reserve's monetary policy decisions, interest rates, and who gets to decide.

It's worth a mention that stable prices and full employment, the dual mandate as it is known, is not the Fed's only job.

The Fed plays a key role in banking regulation.

And as Marketplace's Justin Ho reports, regulatory independence matters too.

The Federal Reserve is one of three regulators keeping an eye on the country's banking sector.

The trickle-down of monetary policy.

But first, let's do the numbers.