Previous Federal Reserve chairs, Treasury secretaries and prominent economists came together Monday to support Jerome Powell.

Comunicato congiunto con ex segretari al Tesoro e economisti

The move represents a major escalation in President Donald Trump's battle with the Fed.

President Donald Trump has criticized Federal Reserve chief Jerome Powell for not cutting interest rates as much and as quickly as the president wants.

Central bank chair condemns 'intimidation' following grand jury subpoenas.

Fed chair hits back, accusing DoJ of threatening criminal charges because central bank defied Trump’s demands

Powell called the probe "unprecedented" and came after his refusal to lower interest rates after demands by Donald Trump.

Federal Reserve Chairman Jerome Powell announced Sunday that the Department of Justice has threatened him with criminal charges.

He said in a statement Sunday that the Justice Department served the Fed with grand jury subpoenas, threatening a criminal indictment.

"If there were any remaining doubt whether advisers within the Trump Administration are actively pushing to end the independence of the Federal Reserve, there should now be none."

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Jerome Powell has said that the US Federal Reserve is being threatened with criminal indictment by the Trump administration. In a video announcement, the Fed Chair said that the…

Previous Federal Reserve chairs, Treasury secretaries and prominent economists came together Monday to support Jerome Powell.

Statement signed by 13 former senior officials condemns ‘unprecedented’ assault on Fed’s independence

Alan Greenspan, Ben Bernanke y Janet Yellen, entre otros economistas, advierten sobre los riesgos de socavar la independencia de la institución

Yellen, Bernanke e Greenspan condannano l'inchiesta su Powell, vista come pressione politica sui tassi di interesse

President Donald Trump has frequently lambasted the Fed chair for not cutting rates more aggressively.

"If the Federal Reserve loses its independence, the stability of our markets and the broader economy will suffer," warned Sen. Lisa Murkowski (R-Alaska).

Powell actually wears two hats: He is chair of the Fed’s Board of Governors and chair of the Federal Open Market Committee.

Three former heads of the central bank say the probe seeks to undermine the Fed's independence and "has no place" in the US.

Powell publicly denounced the inquiry as punishment for not bowing to the president’s wishes on interest rates