The Federal Reserve believes that, whenever possible, such difficulties should be addressed through private-sector arrangements – for example, by raising new equity capital, as many firms have done, by negotiations leading to a merger or acquisition, or by an orderly winddown.
Therefore, there are several reasons why enshrining and maintaining central bank independence ends up being an inclusive reform for the economy; and conversely, undermining such independence a regressive, extractive one: (i)  When the government is seen often making efforts to dilute the central bank’s policies and effectively coercing the central bank into such dilutions, banks and private sector spend more time lobbying for policies that suit them individually, at the cost of collective good, rather than investing in value creation and growth.