The Globe and Mail reports in its Tuesday, March 26, edition that many investors are worried about the potential risks to Federal Reserve independence after the central bank boss achieved a rare soft landing of the U.S. economy but may face the sack. A Reuters dispatch to The Globe reports that some banks are investigating the claims of former president and Republican presidential candidate, Donald Trump, who said that if he is elected in November, he would not reappoint Jerome Powell on the expiry of the Fed chairman's term in 2026. Although some people believe that the White House cannot politicize Fed monetary policy, they acknowledge investor concerns about the pressure and suggest that any change in style and tone with a new Fed boss might bear close watching. Mr. Trump appointed Mr. Powell in 2017 but then quickly turned on him in a series of public broadsides as the Fed continued to push up interest rates through 2018 despite his pleas for the opposite, branding him "clueless" at one point. Last month the ex-president insisted again that he would not reappoint the 71-year-old Mr. Powell, while complaining that any rate cuts over the coming months would be merely designed to boost the Democrats in an election year.