BNY Mellon's CEO Robin Vince just dropped an interesting take: recent attacks on the Federal Reserve's independence aren't exactly a recipe for keeping interest rates where the market wants them. Think about it—when you undermine an institution's ability to make decisions independently, you're essentially adding noise to the policy process. The Fed's whole credibility hinges on being able to act without external political pressure, especially when it comes to rate decisions. Mess with that independence, and you're not just creating institutional drama; you're potentially affecting the entire interest rate environment that ripples through financial markets, including crypto corridors where traders are obsessed with rate forecasts.