Good morning and welcome to the Sunday edition of Morning Wire, where we give you the weekend rundown to get ready for the week ahead. Today, President Donald Trump's envoys are causing diplomatic tensions with allied countries, biologists are battling wolves with drones, and check twice before taking a dip at a U.S. beach.
But first, what it could mean for the Federal Reserve to lose its independence.
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Federal Reserve Chairman Jerome Powell and Board of Governors member Lisa Cook, right, listen during a meeting at the Federal Reserve on June 25. (AP Photo/Mark Schiefelbein)
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How the Fed losing its independence could affect Americans' everyday lives
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President Donald Trump's attempt to fire a member of the Federal Reserve's governing board has raised alarms among economists and legal experts who see it as the biggest threat to the central bank's independence in decades. The consequences could impact most Americans' everyday lives. Read more. |