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U.S. monetary policy

Trump administration probe of Fed’s Powell draws pushback
Jan 12, 2026

Trump administration probe of Fed’s Powell draws pushback

A criminal probe of Fed Chair Jerome Powell sparked bipartisan criticism, raised concerns over Fed independence and moved markets.

FILE PHOTO: Federal Reserve Governor Christopher Waller speaks during the Clearing House Annual Conference in New York City, U.S. November 12, 2024. REUTERS/Brendan McDermid/File Photo
Dec 17, 2025

Fed’s Waller says he ‘absolutely’ would defend US central bank’s independence

NEW YORK, Dec 17 (Reuters) – Federal Reserve Governor Christopher Waller, who is on the short list to succeed Fed Chair Jerome Powell next year, said on Wednesday he would “absolutely” defend the central bank’s independence if it were challenged by a U.S. president. Waller, who is set to meet with President Donald Trump about […]

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