Russian Pranksters Fool Fed Chair Jerome Powell in Embarrassing Call

1 min read
Source: The New York Times
Russian Pranksters Fool Fed Chair Jerome Powell in Embarrassing Call
Photo: The New York Times
TL;DR

Russian pranksters posing as Ukraine's president tricked Federal Reserve Chair Jerome Powell into a conversation in January about the US and global economy, based on video clips covered on Russian state television and posted online. The Fed confirmed that Powell participated in the conversation but noted that no sensitive or confidential information was discussed. The matter has been referred to law enforcement. The pranksters have also tricked other global leaders, including Christine Lagarde, the president of the European Central Bank, and Angela Merkel, Germany's former chancellor.

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