DOJ investigation of Fed Chair Powell sparks backlash, support for Fed independence

The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell has sparked a backlash that may ...

At Fed in 2020, division, independence were concerns in the face of pandemic

At the onset of the COVID-19 pandemic, the U.S. Federal Reserve slashed interest rates and used massive bond purchases to ...

Fed's fight with DOJ could hurt prospects for more interest rate cuts

The Federal Reserve is less likely to make cuts this year as it grapples with a criminal probe, analysts say. That could ...

Criminal investigation raises key question: Whether Chair Powell leaves Fed in May

The Justice Department’s investigation into Federal Reserve Chair Jerome Powell has brought heightened attention to a key ...

Central bank chiefs, bank CEOs back Fed's Powell after Trump administration threat

"We stand in full solidarity with the Federal Reserve System and its Chair Jerome H. Powell," a joint statement read.
The Economist

It’s not just the Fed. Politics looms over central banks everywhere

The Trump administration’s actions are the most striking assault on the independence of central banks in decades, in part ...

What to know about Trump's ugly feud with the Federal Reserve

A Justice Department probe of the Federal Reserve marks the latest escalation in the Trump administration's effort to bend ...
USA Today

Powell: Fed 'working hard' on affordability. Will a rate cut help?

WASHINGTON ‒ With consumers focused on affordability heading into the holiday season, Federal Reserve Chair Jerome Powell said he hears Americans’ concerns over high costs “loud and clear.” Still, ...