
Powell's Unscheduled Statement Signals Escalation in Trump Fed Feud
The Federal Reserve Chair Jerome Powell publicly disclosed that the Department of Justice served the Fed with criminal indictments over his testimony on building works, amidst a long-running spat with President Trump who has attempted to influence interest rates. This unprecedented move raises questions about the independence of central banks and the potential for political interference in monetary policy, highlighting the complex relationship between government and financial institutions.















Discussion
Join the conversation
Be the first to comment