Trump's Criminal Probe Escalates to Fed Chair Powell, Sending Warning to His Successor
President Donald Trump's criminal probe targeting Federal Reserve Chair Jerome Powell marks an unprecedented escalation in his battle with the central bank, sending a clear warning to the next Fed leader. The move represents a significant escalation of Trump's long-standing feud with Powell over monetary policy and regulatory oversight.
President Donald Trump's criminal probe targeting Federal Reserve Chair Jerome Powell marks an unprecedented escalation in his battle with the central bank, sending a clear warning to the next Fed leader that he will not back down from challenging the institution. The probe targets Powell and other former officials amid allegations of insider trading and other financial wrongdoing. This move marks a significant shift in Trump's campaign against the Fed, which had previously focused on monetary policy decisions. The implications are ominous for the central bank's independence and future leadership under the next chairman.
