Powell says he’s not worried about the Fed losing its independence under Trump

Powell says he’s not worried about the Fed losing its independence under Trump


Key Points
  • Fed Chair Jerome Powell said Wednesday he isn’t worried that President-elect Donald Trump will try to politicize the central bank once he takes office in January.
  • There are safeguards in the congressional legislation that created the central bank that will help preserve it from political influences, he said during an appearance in New York.



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