Congress Vs. Fed: Who Controls the Money Drama Next?

The fight for the Federal Reserve, the US's money-master puppeteer, is about to become Congress's next reality TV battle. Lawmakers hungry for pulling the strings on interest rates and inflation targets are circling like reality show contestants on elimination rounds. Details remain foggy, but expect old white men in suits from Capitol Hill to argue over rates like it’s the latest TikTok trend. The Fed’s autonomy, praised as essential for economic sanity, now risks becoming another chess piece in legislator gamesmanship—because if late-stage capitalism didn’t terrify you enough, welcome to the Congress vs Fed season premiere!

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Source: Politico | Published: 8/27/2025 | Author: By Jack Blanchard and Dasha Burns