US EditionDOJ Criminal Probe Highlights Risk of Fed Losing Independence – a Central Bank Scholar Explains What’s at Stake
Senators Tillis and Murkowski vow to block all Federal Reserve nominees, citing DOJ's probe into Jerome Powell as a threat to the Fed's independence, amid $2.5 billion renovation scrutiny.
10 Articles
10 Articles
'Full-on assault': Professor lays bare stakes amid Trump's takeover bid of Federal Reserve
The Department of Justice’s decision to open a criminal investigation into Federal Reserve chair Jerome Powell has reignited concern over the independence of the central bank.In unusually blunt remarks, Powell described the unprecedented probe as part of a political attack by the White House over the Fed’s refusal to drastically cut interest rates, as President Donald Trump has long advocated.But how unique are such apparent attempts to undermin…
DOJ criminal probe highlights risk of Fed losing independence – a central bank scholar explains what’s at stake
U.S. President Donald Trump with Federal Reserve Chair Jerome Powell on July 24, 2025. Andrew Caballero-Reynolds/AFP via Getty Images)The Department of Justice’s decision to open a criminal investigation into Federal Reserve chair Jerome Powell has reignited concern over the independence of the central bank. In unusually blunt remarks, Powell described the unprecedented probe as part of a political attack by the White House over the Fed’s refusa…
The Trump administration's interference in the operation of the US Federal Reserve (Fed) would be "disastrophic," says Gaétan Barrette.
The Federal Reserve is an independent organization, designed to be insulated from politics, and the Supreme Court suggested last year that President Donald Trump would need a reason, or cause, to remove the Federal Reserve chairman…
'Must Not Have Gotten the Memo': Trump Tries to Distance Himself from a Revenge Plot Against a Foe — but a Republican’s Blunt Admission Says It All
Federal Reserve Chair Jerome Powell is suddenly getting rare public backup from Republicans, as a growing bloc of GOP lawmakers warns the Justice Department’s criminal probe and subpoenas targeting the Federal Reserve could shatter the central bank’s independence. Two Republicans on the powerful Senate Banking Committee — Sens. Lisa Murkowski and Thom Tillis — are now openly pushing back, framing the investigation as political pressure dressed …
US Senate Republicans defend independence of the Fed after DOJ launches Powell probe • Maine Morning Star
Federal Reserve Chair Jerome Powell speaks during a press conference following the Federal Open Markets Committee meeting at the Federal Reserve on Dec. 10, 2025 in Washington, D.C. (Photo by Chip Somodevilla/Getty Images)WASHINGTON — President Donald Trump’s feud with Federal Reserve Chairman Jerome Powell has escalated into a Department of Justice investigation, raising alarm bells among some Republicans in the Senate, where Trump will need b…
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