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Powell Warns the Federal Reserve Won't Survive if a President Can Fire Officials Over Policy
Former Fed chair Jerome Powell warns the central bank loses credibility if presidents can fire officials, as the Supreme Court weighs Trump's bid to remove Lisa Cook.
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axios.com
Jerome Powell warns that the Fed's credibility is at risk
In his first public remarks since stepping down as Fed chair, Powell says the central bank is undergoing a "stress test."
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cryptobriefing.com
Powell warns Fed credibility at risk if president can fire officials
Fed Chair Jerome Powell warned that presidential power to fire Fed officials would destroy the central bank's credibility, as Trump's political pressure intensifies.
