#shorts On 3/20/2023, a reporter asked White House Press Secretary Karine Jean-Pierre “And Senator Warren was on a number of Sunday shows yesterday. She has said the Federal Reserve should stop hiking interest rates in an effort to control the high inflation, given the circumstances that we’re in.

What’s the President’s level of concern that another rate increase this week could further weaken the banking industry and potentially threaten some of these smaller and mid-size banks?

MS. JEAN-PIERRE: So, look, I understand the question. As it relates to the Federal Reserve, we’ve been very clear: They are independent.

other clips of this published longer video is here: https://youtu.be/jD6ikTKYk-M
Q: Federal Reserve should stop hiking interest rates in an effort to control the high inflation