Fed Independence Is Crucial, Abby Joseph Cohen Says

Goldman Sachs' Abby Joseph Cohen says the Federal Reserve's independence is crucial to its success and she's concerned by moves in Congress to second-guess the Fed's decisions. Greg Valliere, Horizon Investments' chief global strategist, says Donald Trump may modify the executive order on immigration. Finally, Noah Feldman, a professor at Harvard Law School and Bloomberg View columnist, says judges don't respond well to bullying and don't like people stepping on their toes.

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