The Bank for International Settlements (BIS) has reaffirmed the independence of the U.S. Federal Reserve following criticism from former President Donald Trump. On June 29, 2025, Trump called for a reduction in interest rates from 4.3% to between 1% and 2%. BIS General Manager Agustín Carstens assured that the Fed's autonomy remains intact despite political discourse. Federal Reserve Chair Jerome Powell reiterated the Fed's commitment to its mandates, steering clear of political commentary. The BIS report highlighted that Trump's remarks pose no immediate threat to financial market stability. The cryptocurrency market, which is sensitive to USD fluctuations, remained stable, with Bitcoin and Ethereum prices showing no significant changes.