The Federal Reserve's Bostic states that political battles are damaging public trust.

Atlanta Federal Reserve President Bostic, who is about to step down, expressed on Wednesday that the political struggles surrounding the Federal Reserve are weakening the public's confidence in the central bank's independence, which is a "major concern" that strikes at the heart of the performance of the U.S. economy and the country's position in the global economy. Bostic will end his term this Friday, and on the eve of his departure, he published an article mainly as a farewell letter, warning that the economic strength of the United States and its status as a global safe haven are "not guaranteed", and maintaining its special status includes protecting the independence of the Federal Reserve.