Other Views: With Powell Probe, Trump’s Abuse of the Criminal Justice System Hits a New Low
Trump pressures Federal Reserve Chair Jerome Powell with a criminal probe to influence interest rate cuts and extend presidential authority, challenging Fed independence.
8 Articles
8 Articles
Andrew Ross Sorkin Explains the DOJ Criminal Investigation of the Fed Chair
The DOJ launched a rare criminal investigation into Fed Chair Jerome Powell, threatening potential charges tied to his congressional testimony. As Pres Trump doubles down on his demand that Powell lower interest rates, the independence of the Fed is being tested. Andrew Ross Sorkin, a NYT columnist and the author of "1929,” breaks down the political and economic implications of this investigation.
The Fight Over the Fed
The US Federal Reserve’s independence is widely understood to be vital to the economy’s well-being, by insulating monetary policy from political imperatives. But, following the launch of a criminal investigation of Fed Chair Jerome Powell by President Donald Trump’s minions at the Department of Justice, it is hanging on by a thread.
MAGA lawmaker admits Fed probe likely wouldn’t exist if Trump got his way
CNN anchor Kaitlan Collins appeared stunned Wednesday after a Republican lawmaker effectively confirmed what Trump administration officials have refused to say aloud: that the federal investigation into the Federal Reserve chair may be rooted in political retaliation. Pressed on whether the probe would exist if interest rates had been cut as President Donald Trump demanded, the lawmaker conceded it probably would not, prompting Collins to interr…
House Democrats demand probe into Trump DOJ’s criminal investigation of Fed Chair Powell
NEWYou can now listen to Fox News articles! FIRST ON FOX: House Democrats are demanding a congressional inquiry into the Trump administration’s criminal investigation of Federal Reserve Chairman Jerome Powell. Rep. Jamie Raskin, D-Md., the top Democrat on the House Judiciary Committee, is joining forces with Rep. Jared Moskowitz, D-Fla., and other members of their party to ask Chairman Jim Jordan, R-Ohio, to open the probe. “As Jerome Powell, th…
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