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business1d ago

Fed's Powell warns Trump's political 'stress test' will wreck public trust in central bank

Cnbc.com and 2 more

Fed's Powell warns Trump's political 'stress test' will wreck public trust in central bank

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Highlights

Powell warned that attempts by the government to exert political pressure on the Fed will damage public confidence in its independence.
At JFK Library, Powell cited White House efforts to oust a Fed governor and other probes as direct threats to autonomy.
Powell warned that democratic institutions can be torn down quickly, risking long-term governance credibility.

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References

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools

Latimes.com

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools

Apnews.com

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Fed's Powell warns Trump's political 'stress test' will wreck public trust in central bank

Virality Score Timeline

References

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools

Jerome Powell uses JFK award speech to warn against political pressure on Fed, courts and schools

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Top 548 Internet News Today

Gunman killed 6 family members before dying by suicide, police say

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Rick Adelman, Kings coaching legend and Hall of Famer, dead at 79

Explore Your Interests

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