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BNY CEO Vince warns of bond market jitters if Fed's independence is compromised

ReutersJan 13, 2026 1:07 PM

- BNY BK.N CEO Robin Vince on Tuesday warned that compromising the U.S. Federal Reserve's independence could push interest rates higher, after President Donald Trump's long-standing feud with Chair Jerome Powell escalated over the weekend to threats of a criminal indictment.

"Let's not shake the foundation of the bond market and potentially do something that could cause interest rates actually get pushed up because somehow there's lack of confidence in the Fed's independence," Vince told reporters on a call.

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