The debate over Federal Reserve independence has taken a sharp turn. Critics argue that invoking institutional independence shouldn't become a shield against legal accountability. The core tension: can any entity—regardless of its mandate—claim exemption from the rule of law? This question ripples through financial markets, where Fed policy decisions cascade into everything from traditional assets to crypto valuations. As regulatory frameworks tighten globally, the question of balancing central bank autonomy with transparent oversight remains crucial. No organization operates above legal frameworks; independence and accountability must coexist.
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The debate over Federal Reserve independence has taken a sharp turn. Critics argue that invoking institutional independence shouldn't become a shield against legal accountability. The core tension: can any entity—regardless of its mandate—claim exemption from the rule of law? This question ripples through financial markets, where Fed policy decisions cascade into everything from traditional assets to crypto valuations. As regulatory frameworks tighten globally, the question of balancing central bank autonomy with transparent oversight remains crucial. No organization operates above legal frameworks; independence and accountability must coexist.