PANews April 21 news, Federal Reserve Chairman nominee Waller stated at the Senate confirmation hearing that he would make monetary policy decisions independently and would not be influenced by any suggestions or pressures from Trump. He emphasized that successfully maintaining low inflation levels is like a "protective armor" that shields the Federal Reserve from criticism. Waller stated that maintaining this independence "largely depends on the Federal Reserve," meaning that it must successfully achieve its goals and not exceed the powers granted by Congress. Waller stated: "I believe that even if government officials — the President, Senators, or Representatives — express their views on interest rates, the independence of monetary policy execution will not be particularly threatened. The mission granted to the Federal Reserve by Congress is to ensure price stability, and there can be no excuses, ambiguities, disputes, or pains. Inflation is a choice, and the Federal Reserve must take responsibility for it. Low inflation is the Federal Reserve's shield."

Federal Reserve Chairman nominee Waller stated: agree to divest almost all of my financial assets.

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