Powell Warns the Federal Reserve Won’t Survive if a President Can Fire Officials Over Policy

Powell Warns the Federal Reserve Won’t Survive if a President Can Fire Officials Over Policy

Jerome Powell Speaks At a Recent Award AcceptanceFormer Federal Reserve chair Jerome Powell says the U.S. central bank would lose the credibility it needs to steady the economy if officials could be removed over policy disagreements. The warning landed as the Supreme Court weighs President Donald Trump’s effort to fire Governor Lisa Cook. A Direct Defense of Central Bank Independence Powell delivered […]

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