Simon Bowmaker – The Conversation

To many Americans, the Fed is a big black box, and its decisions remain largely inscrutable. AP Photo/Andrew Harnik

August 28, 2026

Making the Fed more accountable to Congress and the public may be just what it needs to fend off Trump’s threats to its independence

Simon Bowmaker, New York University and Paul Wachtel, New York University

The Federal Reserve is much more powerful than it was 20 years ago, which has prompted calls for a reset in how it answers to Congress and the public.

Alan Greenspan, seated left, said working for President Gerald Ford, sitting next to him, was more interesting than helming the Fed. AP Photo

June 23, 2026

How Alan Greenspan’s stint as President Ford’s top economic adviser cemented his passion for public service and prepared him to lead the Fed

Simon Bowmaker, New York University and Paul Wachtel, New York University

The Fed chair who served under five US presidents was more practical and less ideological than his detractors claimed.

Kevin Warsh, President Donald Trump’s nominee to helm the Fed, is expected to change the way the central bank operates. AP Photo/Alastair Grant

March 31, 2026

Trump Fed pick Kevin Warsh could shake up the central bank with his ‘family fight’ model

Simon Bowmaker, New York University and Paul Wachtel, New York University

The US Federal Reserve has never before been this transparent about its policymaking process − but that might not be a good thing.

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