European central bank leaders are sounding the alarm over President Trump’s recent efforts to exert control over the Federal Reserve. This tension reached a breaking point following a criminal investigation into Fed Chair Jerome Powell, which many international officials view as a politically motivated attack on monetary independence. Experts like Jean-Claude Trichet warn that transforming the Fed into an obedient tool of the executive branch could trigger global financial instability and permanent inflation. These leaders argue that the U.S. is abandoning a decades-long consensus that protects central banks from political interference. Furthermore, analysts worry that this populist pressure could eventually spread to Europe, jeopardizing the credibility of the entire global economic system. Underpinning these fears is a concern that high levels of global debt make the market particularly vulnerable to such political volatility