Powell, DOJ and Fed
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The Trump administration’s criminal investigation of Federal Reserve Chair Jerome Powell has sparked a backlash that may undermine the White House’s goals.
If markets really think the Fed is going to base policy on the president's whims rather than what’s best for the economy, it could cause a financial bloodbath.
U.S. prosecutors investigate whether Fed Chair Jerome Powell mischaracterized renovation details during Senate Banking Committee appearances.
President Donald Trump faced rare opposition from key Republican lawmakers after Federal Reserve Chair Jerome Powell accused the Department of Justice of launching a grand jury investigation to pressure and intimidate the central bank.
Even if Trump installs a Fed chair who's more keen to cut rates, it might not be smooth sailing.
President Donald Trump wants to juice the economy with dramatically lower interest rates, to take credit for a booming stock market and, perhaps most of all, for his handpicked Fed chair to get off the stage.
Global central bank officials are working on a statement to show solidarity with Chairman Jerome Powell after the Trump administration dramatically escalated its pressure campaign toward the Federal Reserve,
The Department of Justice’s threat to criminally indict Federal Reserve Chair Jerome Powell has set up a tense showdown between the White House and the U.S. central bank, with Powell saying the subpoe