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Today the independence of the Federal Reserve System (Fed) is threatened on two fronts. First, political pressure to suppress interest rates is reemerging. Motivated by a desire to reduce the cost of financing federal deficits, President Trump has called for a return to the pre-1951 Treasury–Federal Reserve Accord regime in which the Treasury capped long-term bond rates.

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Since October 2023, Hezbollah rocket attacks have displaced roughly 96,000 Israelis from northern Israel, triggering cross-border exchanges and a full Israeli ground invasion in March 2026. The offensive left Israel controlling roughly 20 percent of Lebanese territory and over one million Lebanese displaced. In June, a U.S.-brokered framework conditioned any Israeli withdrawal on Hezbollah’s disarmament—a condition the group has rejected, leaving Israeli forces entrenched in southern Lebanon.

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Charlotte Lawyers ChapterSpeaker: Rachel Brand - Privacy and Civil Liberties Oversight Board Speaker...