
Powell Defends Fed Independence as GOP Backs Him Against Trump
Facing pressure from the Trump administration, Federal Reserve Chair Jerome Powell is garnering support from Senate Republicans who defend the independence of the central bank. Powell, who has cultivated relationships on Capitol Hill since his appointment, is actively engaging with Republican senators amidst the administration's increased scrutiny of the Fed's monetary policy decisions. Some GOP members express strong personal support for Powell, who is pushing back against the administration's attempts to influence interest rate policy.


















Discussion
Join the conversation
Be the first to comment