For decades, economically advanced countries have recognized the independence of central banks as a necessary safeguard enabling expert policymakers to set interest rates based on the economy’s needs.

Trump wants to nominate a new Fed Chair AND push Powell off the Board for good to complete his corrupt takeover of our central bank. He is abusing the law like a wannabe dictator so the Fed serves him and his billionaire friends.

The Justice Department served the Federal Reserve with grand jury subpoenas on Friday, Fed Chair Jerome Powell said Sunday, threatening an “unprecedented” criminal indictment against him over cost overruns for the renovation of the Fed’s headquarters building.

Federal Reserve Chair Jerome Powell says the threat of criminal charges against him is a sign of the Trump administration trying to pressure the Fed to lower interest rates.

Stocks are falling on Wall Street after Federal Reserve Chair Jerome Powell said the Department of Justice had served the central bank with subpoenas and threatened it with a criminal

But in a statement Sunday, Powell, abandoning his previous attempt to ignore Trump's relentless criticism, called the administration's threat of criminal charges “pretexts’’ in the president's campaign to seize control of U.

Wall Street ticked to more records Monday after bouncing back from losses taken because of worries about the worsening feud between the White House and the Federal Reserve, one that experts warn could lead to higher inflation in the future.

Federal Reserve Chair Jerome Powell faces criminal investigation over testimony regarding Fed headquarters renovation as President Donald Trump seeks replacement.