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The stakes of this battle extend into the daily lives of citizens in Columbus and Phoenix. The independence of the Federal Reserve ensures that interest rates are set based on economic data rather than election cycles. By signaling that monetary policy is now a political tool, the administration introduces “American Risk” into the global market, potentially leading to higher mortgage rates and a weaker dollar. As the eyes of the world turn toward the Southern District of New York, the ultimate outcome of this saga will determine if the law still stands as the ultimate authority or if the line between political frustration and institutional demolition has been crossed for good.
