The Federal Reserve’s ChairmanJerome Powell is under intense scrutiny as the U.S. presidential election approaches. Market experts are questioning his ability to remain independent of political pressure. What Happened: In a recent interview with CNBC’s Last Call, David Zervos, the Chief Market Strategist at Jefferies, expressed doubts about Powell’s ability to withstand political pressure, especially with the 2024 elections on the horizon. “Can Jay Powell, as a human escape, the pressure of politics and the election?” asked CNBC’s Brian Sullivan. “He has to placate the political forces that ar…
