New York Fed research by economists Daniel Mangrum and Crystal Wang revealed record levels of student loan delinquencies amid policy shifts driven by the Trump administration, providing critical data to inform public debate on financial policies affecting borrowers.

Amid Trump's executive order seeking to increase political oversight of independent agencies, former Fed Vice Chair Michael Barr warned that subjecting the Fed’s regulatory functions to political control could undermine its long-held independence. His comments highlight internal concerns over maintaining democratic oversight in financial regulation.

Over 100 climate protesters were arrested after blockading the entrances to the Federal Reserve Bank of New York on September 18, 2023, as they demanded that the institution end its fossil fuel financing practices. The action highlights growing public discontent and calls for a transformation in the Fed's approach to managing climate risk.

On March 7, 2023, Federal Reserve Chair Jerome Powell appeared before the Senate Banking Committee to address concerns over a proposed holistic review of bank capital requirements. This review, prompted by a lobbying blitz from big banks seeking to avoid stricter regulations, has raised questions about the potential impact on small businesses and Main Street. The committee emphasized the need for tailored regulations that account for bank-specific risk and complexity, aiming to counter undue corporate influence on monetary policy.