US Institutional Decay Is Threatening Global Finance
https://www.project-syndicate.org/commentary/trump-attacks-on-fed-sec-ftc-independence-threaten-global-financial-system-by-jayant-sinha-2026-03
Even through tumultuous political cycles, the Federal Reserve, the Securities and Exchange Commission, and the Federal Trade Commission have been able to signal that US markets operate under clear, impersonal, reliably enforced rules. But this is no longer true, and the implications for the rest of the world are dire.
https://www.project-syndicate.org/commentary/trump-attacks-on-fed-sec-ftc-independence-threaten-global-financial-system-by-jayant-sinha-2026-03
Even through tumultuous political cycles, the Federal Reserve, the Securities and Exchange Commission, and the Federal Trade Commission have been able to signal that US markets operate under clear, impersonal, reliably enforced rules. But this is no longer true, and the implications for the rest of the world are dire.