Federal Reserve Chair Cites Interest Rate Disputes as Backdrop to DOJ Probe

Federal Reserve Chair Jerome Powell has suggested that a criminal investigation initiated by federal prosecutors is politically motivated. He argued it stems from the central bank’s refusal to align interest-rate policy with the President’s preferences. This action comes as Powell’s term nears its expiration in May 2026 amid intensifying friction with President Donald Trump. Federal The post Federal Reserve Chair Cites Interest Rate Disputes as Backdrop to DOJ Probe appeared first on BeInCrypto.