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Federal Reserve Chair gives update on US bank accounts amid Trump's orders

Summary by Newsweek
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

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NewsweekNewsweek

Federal Reserve Chair gives update on US bank accounts amid Trump's orders

Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.

·United States
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Bowen Island UndercurrentBowen Island Undercurrent
+4 Reposted by 4 other sources

Fed chair says bank accounts 'safe' despite Trump's teardown of consumer protection agency

WASHINGTON (AP) — Americans’ bank accounts are safe despite the Trump administration's shutdown of a consumer financial regulatory agency, Federal Reserve Chair Jerome Powell said Tuesday.

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Orillia Matters broke the news in Orillia, Canada on Tuesday, February 11, 2025.
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