Jerome Powell: “Despite elevated levels of uncertainty, the US economy continues to be in a good place.”

As long as the U.S. economy is in solid shape, the prudent thing to do is to wait and learn more and see what the effect might be.

If any administration finds a way to remove Fed officials over policy differences, then future administrations will do so as well.

without the ability to pay interest on reserves, the Fed would lose control over rates

We do not take into account the fortunes of any political party or politician.