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Global Central Bankers Express ‘Full Solidarity’ With US Fed’s Powell Amid Trump Threats

More than a dozen global central banks affirm support for Fed Chair Powell and stress central bank independence amid DOJ subpoenas linked to Fed headquarters renovations.

  • A coalition of global central bank heads published a statement on 13 January 2026, saying they 'stand in full solidarity' with Jerome H. Powell, Chair of the US Federal Reserve.
  • The Department of Justice served grand jury subpoenas, Jerome H. Powell, Chair of the US Federal Reserve, disclosed on Sunday, linked to a $2.5 billion renovation of the Federal Reserve headquarters in Washington, which Powell called a pretext for political pressure.
  • A coalition of 11 central bank leaders signed the letter backing Powell, describing him as a respected colleague who has served with integrity and commitment to the public interest.
  • Powell's planned departure in May has amplified scrutiny over successor confirmation, with Senator Thom Tillis opposing nominees until resolution as financial markets ease short-term rate expectations.
  • Senior former officials rallied behind Jerome H. Powell, Chair of the US Federal Reserve, warning of institutional damage if political pressure steers policy.
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Lean Left

Governors of central banks at the global level issued a joint statement of support to U.S. Federal Reserve President Jerome Powell after launching a criminal investigation against him, reports the CNBC.

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Lean Left

Central bankers around the world expressed their "total solidarity" with US Federal Reserve President Jerome Powell on Tuesday after the government announced an investigation and threatened to charge him with criminal charges.

·Los Angeles, United States
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Europa broke the news in Brussel, Belgium on Tuesday, January 13, 2026.
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