# Jerome Powell
Latest news and articles about Jerome Powell
Total: 2 articles found
Powell Urges Next Fed Chair to Steer Clear of Politics as White House Pressure and DOJ Inquiry Intensify
At a Jan. 28 press conference, Fed Chair Jerome Powell urged his successor to distance the Federal Reserve from partisan politics as the bank held rates steady. Powell defended the Fed’s independence amid public hostility from President Trump and a Justice Department probe into a Fed headquarters renovation that has added legal uncertainty to the leadership transition.
Gold Surge and a Weakened Dollar: Markets Riposte as Trump Pressures Powell
Gold jumped past $5,200 per ounce as the U.S. dollar tumbled to near four-year lows amid falling consumer confidence and heightened political pressure on the Federal Reserve. President Trump’s public attacks on Chair Jerome Powell and the disclosure of a federal inquiry into Powell’s conduct have compounded market concerns about the independence of U.S. monetary policy.