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(CNN)Federal Reserve Chairman Jerome Powell said repeated political attacks by President Donald Trump had zero influence on the central bank's decision to slow down interest rate hikes. Not at all," said Powell in an interview with the CBS news program "60 Minutes" on Sunday. "And it's very important that the public understand that we are always going to make a decision based on what we think is right for the American people." Powell explained that the Fed's decision in January to pause raising rates was because the global economy was showing signs of slowing and other risks to the US economy were rising. The Fed chairman has repeatedly made the case for a patient, measured approach, describing the US economy in a "good place," where policy makers "don't feel any hurry to change our interest rate policy." Since then, Fed officials have pointed to a spike in volatility in financial markets at the end of last year, a slowdown of growth in China and Europe, and uncertainty around unresolved policy issues including trade negotiations with China and the United Kingdom's exit from the European Union as reasons to be more cautious. When repeatedly pressed whether he had a "rule" about discussing the President, Powell flatly said, "I don't think it's appropriate. Instead, he said his responsibility is to fulfill the job Congress assigned the Fed: to ensure as many Americans are working as possible and to keep prices stable -- a role, he says, he plans to keep until his four-year term expires. Powell waved off any imminent concerns of a looming recession, saying he anticipates the US economy will grow at a "healthy rate." He also said he sees no reason why the economic expansion, which will be the longest in history in a few months, won't continue.

He reportedly is set to announce a plan that will guarantee a $15-an-hour job -- and health-care benefits -- to every American “who wants or needs one.” The plan, first reported by The Washington Post, would fund hundreds of government projects such as “infrastructure, care giving, the environment, education and other goals.” Sanders’ office said they have not yet done a cost estimate or devised how they would pay for the massive government commitment. A spokesman for Sanders did not respond to a request for more details from Fox News. As the Democratic Party aims to win the House in November and has an eye on the 2020 presidential election, it is looking a lot more like Sanders’ party than it did in 2015, at least when it comes to economic policy. She also called for "big, bold ideas to fix our economy." He urged Democrats to go bold with big visions in response to the election of President Trump. “Then we can negotiate the details.” Meanwhile Andrew Yang, an entrepreneur and a Democratic presidential hopeful, told Fox Business Network Monday that he is proposing $1,000 a month for all citizens between the ages of 18 and 64 as part of a universal basic income program -- even as Finland announced it is scrapping a similar proposal after a two-year test period. “The size of our economy is now $19 trillion a year. A number of Democrats have floated the idea of impeaching Trump should they take the House in November -- a move that has some more mainstream Democrats jittery. "It's 2022 and we are celebrating policy victories across the nation: Medicare for All and Free College, and next on the agenda is Reparations," Democracy Alliance said in invitation to the event. Yet, other Democrats are not there yet.