Jerome Powell sounds alarm on Fed independence, says central bank faces 'stress test'
- Posted on June 1, 2026
- By Business News Today
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- 1 min read
Jerome Powell sounds alarm on Fed independence, says central bank faces 'stress test'
Jerome Powell, former head of the US Federal Reserve, has spoken out against political interference in the central bank. He emphasized the importance of protecting democratic institutions, including the Fed, from partisan pressures. Powell highlighted that attempts to remove Fed officials over policy differences could erode public trust. His remarks came as he accepted the John F.
