"The Fed's mouthpiece": The Fed's independence stems from congressional authorization, implying it is not a matter of presidential will.

CoinFeed reported on May 3 that, according to Jinshi, Nick Timiraos, a "Federal Reserve mouthpiece," stated that the Federal Reserve's autonomy, often referred to as its independence, stems from the establishment of the agency by Congress. Congress created a committee of officials with long and staggered terms, who are protected from being impeached and given complete control over the agency's budget (and buildings).