Janet Yellen, the former head of the Federal Reserve, has issued a strong warning regarding President Donald Trump's recent move to dismiss Fed Governor Lisa Cook. Yellen expressed concerns in an op-ed for the Financial Times, highlighting the potential threats this action poses to the independence and credibility of the Federal Reserve. She emphasized that politically influenced central banks could lead to increased inflation, unstable economic growth, and devaluation of currencies, which could ultimately harm the United States. Yellen cautioned that jeopardizing the Fed's autonomy could have dire consequences for the country's economic stability and global standing. She stressed the importance of upholding the 14-year terms for Federal Reserve governors to maintain its integrity and prevent...