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On July 17, Kevin Warsh, one of the candidates for the next Federal Reserve chairman, said that the independence of the Federal Reserve is "critical". Warsh said in an interview with CNBC: "History tells us that independent operations in monetary policy implementation are critical, but this does not mean that the Federal Reserve has independence in all other matters." During his tenure as a member of the Federal Reserve Board from 2006 to 2011, Warsh always pursued a hawkish interest rate policy aimed at responding to inflation risks; this year, he advocated a rate cut, a position consistent with that of US President Trump. Trump is considering who to nominate to succeed Chairman Powell after his term ends in May (next year).United Airlines CEO: Boeing (BA.N) is back on track.United Airlines CEO: Tariffs could be eliminated in airline industryGE Aviation CFO: Boeing (BA.N) 777X engine shipments to increase this year.U.S. Senator Warren: Trumps threat to fire Powell "burns" credibility.