LeadStory

Reuters

Global central bankers defend Fed's Powell after Trump threat

Reuters · Just In
Reuters
Reuters
Just In

The chiefs of many of the world's major central banks issued a joint statement in support of Federal Reserve chair Jerome Powell on Tuesday, after the Trump administration threatened him with a criminal indictment.

Breakdown
  • Powell receives joint support from global central bankers
  • Trump administration threatens criminal indictment over Fed HQ renovation 12s
  • Central bank leaders stress Powell's integrity and independence 33s
  • Probe draws criticism from finance sector and some Republicans 52s
  • Concerns raised over political influence impacting inflation and markets 59s