Jerome Powell speaks about Fed independence after stepping down: ‘Undergoing a stress test’

Washington Examiner

Washington Examiner

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June 1, 2026

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lean right
Jerome Powell speaks about Fed independence after stepping down: ‘Undergoing a stress test’

Former Federal Reserve Chairman Jerome Powell on Sunday warned against politicizing the central bank, amid concerns President Donald Trump is undermining the institution’s prized independence. Powell’s speech while accepting the John F. Kennedy Profile in Courage Award in Boston came after he suggested that the Justice Department’s investigation into concerns he lied or misrepresented the []

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