Prominent venture capitalist Chamath Palihapitiya expressed doubt about the Federal Reserve's independence, claiming it is not as politically neutral as believed. Speaking on the All-In Podcast, he argued that the Fed aligns with presidents, describing it as "partisan." Palihapitiya suggested that Fed governors are appointed based on alignment with presidents' ideologies. He emphasized the need to acknowledge the political nature of the Federal Reserve, stating, "The idea that we still can't admit that the Federal Reserve is political, is part of the problem." Palihapitiya proposed allowing the president to remove Fed governors. (Total characters: 537)