DOJ probe turns Powell’s Fed chair hunt into a test of central bank independence
TL;DR
A Justice Department investigation into Fed Chair Jerome Powell heightens scrutiny of central bank independence as President Trump weighs a nomination for Kevin Hassett, with lawmakers signaling potential confirmation hurdles and a broader debate over how political influence could shape the Fed's leadership.
- The Fed chair race is becoming a proxy war for central bank independence Politico
- Frustration mounts inside White House over Pirro’s handling of Powell investigation CNN
- Bettors and analysts think Trump's beef with the Fed could drag on past the end of Powell's term Business Insider
- Trump attacks Powell again amid Fed independence fears: 'That jerk will be gone soon' CNBC
- Why Trump's Fight With Powell Isn't Shaking The Stock Market Forbes
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