US EditionTrump’s List of Targeted Opponents Grows Longer with Action Against Powell and the Federal Reserve
Targeting perceived opponents, the Trump administration expands investigations into federal officials, including Fed Chair Powell, aiming to weaken independent institutions.
- Trump's administration has targeted multiple government officials who opposed him or did not grant his wishes.
- The Supreme Court allowed Lisa Cook, the first Black woman on the Fed board, to keep her job after Trump tried to fire her over alleged mortgage fraud.
31 Articles
31 Articles
(New York/Washington=Yonhap News) Correspondents Lee Ji-heon and Kim Dong-hyun = Renowned economists, including the former chairman of the U.S. Federal Reserve (Fed), are investigating the federal Department of Justice's...
Associated Press News
Trump's list of targeted opponents grows longer with action against Powell and the Federal Reserve
Jerome Powell isn't the first high-profile official to find himself targeted by the Justice Department since Donald Trump returned to the White House.
Trump allies 'alarmed' by latest attack on Powell as they fear ploy will backfire
Federal Reserve Chairman Jerome Powell has drawn Trump's ire for years, but it was Federal Housing Finance Agency Director Bill Pulte who came up with the latest strategy to try and bring him down. Bloomberg News reported Monday morning that those familiar with the matter point to Pulte for the strategy. However, one senior administration official claimed it was the Justice Department behind the subpoena that probed Powell's congressional testim…
Federal prosecutors open investigation into Federal Reserve
Federal prosecutors have opened a criminal investigation of Federal Reserve Chair Jerome Powell over his testimony about the central bank’s $2.5 billion renovation of its headquarters in DC. Powell called the threat of criminal charges a result of the Federal Reserve not setting interest rate “following the preferences of the president.” CNN’s Elisabeth Buchwald reports.
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