Op-Ed in American Banker Warns: Trump's Attacks on the Federal Reserve Threaten Economic Stability

WASHINGTON - July 10, 2025 - PRLog -- Creative Investment Research is pleased to announce the publication of an important op-ed by economist William Michael Cunningham in the American Banker Newspaper, titled "Trump's assaults on the Federal Reserve's independence must cease."

The piece sounds the alarm over Donald Trump's escalating political attacks on Federal Reserve Chair Jerome Powell—attacks Cunningham characterizes as reckless, unsubstantiated, and deeply damaging to the institutional independence of the central bank.

In the wake of Trump's July 8th cabinet meeting remarks—where he suggested Powell "resign immediately" and accused him of lying to Congress and manipulating policy—Cunningham argues these assaults could undermine market confidence and lead to long-term economic instability.

"The Fed must remain free from political intimidation to execute monetary policy effectively," Cunningham writes in the op-ed. "Its independence is not just a bureaucratic preference—it's a foundation of financial stability."

Cunningham warns that efforts to remove or influence the Fed Chair based on partisan interests—particularly without legal justification—represent a serious threat to the separation between economic stewardship and electoral politics. The op-ed highlights Powell's data-driven leadership during and after the pandemic, his attention to full employment, and his commitment to policy transparency.

The article concludes with a call to action: preserve the independence of the Federal Reserve before politicized policymaking erodes confidence in U.S. institutions and harms everyday Americans through higher borrowing costs, market volatility, and diminished economic resilience.

To read the op-ed, see: https://www.impactinvesting.online/2025/07/bankthink-trum...

About Creative Investment Research
Creative Investment Research is a pioneering economic analysis and research firm specializing in impact investing, ESG (Environmental, Social, and Governance) metrics, and diversity-focused financial innovation. Founded by economist William Michael Cunningham, the firm assesses the social and financial performance of investments and institutions. Creative advises government agencies, corporations and investors on strategies that promote equity and long-term sustainability. With a track record of producing timely, data-driven insights—often ahead of mainstream analysis—the firm is widely recognized for its work on business development, Federal Reserve policy, and ethics.