Is Federal Reserve Independence Dying?

Lawrence H. Summers, Former US Treasury Secretary, shares his thoughts on whether or not Federal Reserve independence is dying and states that this is the gravest most extensive politicization of the Fed in more than 50 years. He also talks about the Trump Administration disregarding the norms set when addressing the Fed and how this adds risk to America’s economy. Lawrence H. Summers speaks with Joe Mathieu on the late edition of Bloomberg’s “Balance of Power.”