Federal Reserve Chairman Jerome Powell defended the central bank’s independence as he faced his first questions about the Justice Department investigation into him. The questions came at a press ...
Jan. 22 (UPI) --The conflict between President Donald Trump and Federal Reserve Chairman Jerome Powell is raising urgent questions about the independence of the regulatory system. The dispute rests on ...
[SINGAPORE] The US Federal Reserve’s December 2025 interest rate cut marked a third consecutive reduction, bringing rates to a three-year low amid job market woes and high inflation. But recent events ...
The S&P 500 and Nasdaq settled slightly below breakeven on Friday, as all three major benchmarks succumbed to weekly losses as traders reacted to President Trump's latest remarks on the Fed and ...
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Department of Justice investigation raises questions into Federal Reserve's independence
A DOJ probe into Fed Chair Jerome Powell is fueling reaction nationwide, raising concerns about the Federal Reserve’s independence and the U.S. economy. Donald Trump reveals plan to tackle energy ...
The difference between talk and action in politics was on full display Monday, as investors and policymakers digested the disclosure of an unprecedented criminal investigation into Federal Reserve ...
Add Yahoo as a preferred source to see more of our stories on Google. Leavitt was asked whether Trump believed the Fed “should operate independently from him.” She dodged it at first, but then ...
Senate Republican Says ‘Independence and Credibility’ of DOJ Is Now ‘in Question’ After Powell Probe
Add Yahoo as a preferred source to see more of our stories on Google. If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of ...
Fears that the Fed will lose its independence are growing after the US Department of Justice subpoenaed the central bank. Fed Chair Powell has issued a statement saying monetary policy must be set ...
Senate Republican Says ‘Independence and Credibility’ of DOJ Is Now ‘in Question’ After Powell Probe
Sen. Thom Tillis (R-NC) said the criminal investigation into Fed Chair Jerome Powell has called the “independence and credibility” of the Justice Department under President Donald Trump into question ...
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or ...
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